SFC Energy AG: key preliminary financial figures for Q1 2021 above expectations - Best Q1 result in the company's history - Confirmation of sales forecast and concretisation of EBITDA forecast

SFC Energy AG / Key word(s): Preliminary Results/Quarter Results
SFC Energy AG: key preliminary financial figures for Q1 2021 above expectations - Best Q1 result in the company's history - Confirmation of sales forecast and concretisation of EBITDA forecast

10-May-2021 / 12:54 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.
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SFC Energy AG - Ad hoc release

SFC Energy AG: key preliminary financial figures for Q1 2021 above expectations - Best Q1 result in the company's history - Confirmation of sales forecast and concretisation of EBITDA forecast

Brunnthal/Munich, 10 May 2021 - In the first quarter of 2021, SFC Energy AG recorded high demand in both the Clean Energy business segment and the Clean Power Management business segment, resulting in the Group's key financial figures exceeding expectations in this currently positive environment. In addition, on 26 April 2021, SFC Energy had already reported the strongest start to the year in the end consumer business in recent years.

According to preliminary, unaudited financial data, SFC Energy AG generated consolidated sales of approximately EUR 17.0 million in the first quarter of the financial year 2021 (previous year: EUR 16.1 million) and increased sales by approximately 5% compared to the same quarter of the previous year; adjusted EBITDA amounted to EUR 2.3 million in the first quarter of 2021 (previous year: EUR 0.8 million).

The Management Board confirms the forecast for the current fiscal year 2021 in terms of consolidated sales (EUR 61 million to 70 million) and concretises the forecast in terms of adjusted EBITDA and adjusted EBIT to the upper half of the previously communicated range, i.e. for adjusted EBITDA from previously EUR 3.5 million to 6 million, now in the amount of EUR 4.75 million to 6 million, and for adjusted EBIT from previously EUR -0.9 million to 1.6 million, now in the amount of EUR 0.35 million to 1.6 million.

Further details and the final financial figures for the first quarter of 2021 will be published in the quarterly announcement as at 31 March 2021 on 18 May 2021.

SFC Energy IR Contact:
Susan Hoffmeister
Tel. +49 89 125 09 03-33
Email: [email protected]
Web: sfc.com

[This publication may contain forward-looking statements, estimates, opinions and projections with respect to anticipated future performance of the SFC Energy AG ("Forward-Looking Statements"). These Forward-Looking Statements can be identified by the use of forward-looking terminology, including, but not limited to, the terms "expects", "plans", "anticipates", "expects", "intends", "may", "will" or "should" or, in each case, their negative, or other variations or comparable terminology. These Forward-Looking Statements include all matters that are not historical facts. Forward-Looking Statements are based on the current views, expectations and assumptions of the management of SFC Energy AG and involve significant known and unknown risks and uncertainties that could cause actual results, performance or events to differ materially from those expressed or implied in such statements. Forward-Looking Statements should not be read as guarantees of future performance or results and will not necessarily be accurate indications of whether or not such results will be achieved. Any Forward-Looking Statements only speak as at the date of this release. We undertake no obligation, and do not expect to publicly update, or publicly revise, any of the information, Forward-Looking Statements or the conclusions contained herein or to reflect new events or circumstances or to correct any inaccuracies which may become apparent subsequent to the date hereof, whether as a result of new information, future events or otherwise. We accept no liability whatsoever in respect of the achievement of such Forward-Looking Statements and assumptions.]

 


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