SFC Energy AG : Starts 2024 guidance by expecting 20-30% growth
>Final results confirmation of recent guidance upgrade - FY23 results. SFC Energy in 2023 has grown its revenues by 39% to € 118.1m, with Clean Energy up 37% to € 79.0m and Clean Power Management up 42% to € 39.1m. Adjusted EBITDA was up 86% to € 15.2m (EBITDA margin up to 12.8% from 9.6%), and SFC tripled its adjusted EBIT to € 9.7m (EBIT margin up to 8.2% from 3.7%). Note these results are in-line with the Feb 5 upgrade in guidance for sales of around € 118m (post Q...SFC Energy provides fuel cell generators for off-grid power applications, low and medium voltage electrical machine power products, instrumentation and measurement solutions, gas and flame detection safety systems as well as supervisory control and data acquisition solutions. For the power electronic market, Co. provides high-power electronic components, external and internal converters, switch mode power supplies, and special coils. For the defence and secutiry market, Co. provides portable power solutions that soldiers can use to run the devices they carry while on dismantled deployment. For the consumer market, Co. provides fuel cells used in hybrid operationalong with a solar module.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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