Oddo BHF - WAGA ENERGY SA (WAGA) WAGA ENERGY : Results in line with forecasts, underpinned by robust commercial momentum

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Oddo BHF

Gautier Le Bihan

WAGA ENERGY : Results in line with forecasts, underpinned by robust commercial momentum

>2023 results in line with our expectations - Yesterday evening, Waga Energy published its FY 2023 results. As a reminder, 2023 sales were € 33.3m, i.e. a 74% increase vs 2022 (2022 sales at € 19.2m). EBITDA was down by € 1.6m to -€ 4.8m (vs -€ 3.2m in 2022) in line with our forecasts. H2 2023 EBITDA was -€ 1.7m, up sharply vs H1 2023 (-€ 3.1m). EBIT fell to -€ 14.5m (vs -€ 8.2m in 2022), a shade below our forecast. Lastly, the group reported a net loss of -€ 16m (...

30/04/2024 1 EN

Underlying

WAGA ENERGY SA

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FR0012532810 Euronext Paris France

Provider

Oddo BHF

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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Analysts

Gautier Le Bihan

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Oddo BHF

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WAGA ENERGY : Results in line with forecasts, underpinned by robust commercial momentum

Waga Energy: New contract in the US

Waga Energy: commissioning of a biomethane unit with Arcavi

ODDO BHF Small & MIDCAP MORNING NEWS - 30/04/2024 Date Performance depuis l’entrée Date Performance depuis l’entrée

Richemont : Fairly reassuring full-year results, jewellery in great shape in US and Europe

Richemont : Des résultats annuels plutôt rassurants, la joaillerie tient très bien aux Etats-Unis et en Europe

Morning Crédit 20/05/2024

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