Brunnthal/Munich, Germany, July 17, 2020 – METZLER Capital Markets has started coverage of SFC Energy AG (F3C:DE, ISIN: DE0007568578). Analyst Alexander Neuberger issues a buy recommendation with a price target of EUR 24.00, based on a DCF-based valuation. Based on the current share price, the independent expert sees upside potential of around 46%.
SFC Energy: Simark Controls receives EFOY Pro fuel cell order from SiteWatch Safety to power remote video surveillance equipment on major pipeline construction project
SFC Energy’s EFOY Pro 2400 Duo fuel cell delivers reliable autonomous off-grid hybrid power to SiteWatch Safety’s SENTRY SKID remote video surveillance equipment in any weather and climate. +++ Thanks to the EFOY Pro fuel cell SiteWatch SENTRY SKID can operate for 12 months without requiring user intervention or costly logistics trips to the remote site. +++ Environmental friendliness of the EFOY Pro fuel cell is a major asset for the pipeline construction company. +++ Total order amount: CAD 0.325 million.
The situation regarding the coronavirus remains unprecedented and dynamic. The health authorities continue to aim to detect individual infections as early as possible and to delay the further spread of the virus as much as possible. SFC Energy’s commitment to health and safety is integral to our business. It’s how we ensure the well-being of our team members, suppliers and customers, each and every day. In response to the ongoing COVID-19 pandemic, we’re taking additional measures to keep everyone safe and remain open for business to support our customers. Please note the following instructions for orders and deliveries.
SFC Energy: PBF Group receives volume follow-up order for high-performance power supply solutions of security and communication systems
This new follow-up order confirms the continued success of PBF products in the customer’s applications. +++ Order amount: 2020 and 2021 in total: approx. EUR 3 million.
SFC Energy receives call-off order for hydrogen fuel cells in the amount of more than EUR 2.5 million – Broad support program boosts the process of replacing diesel generators
Call-off order is part of the framework agreement between SFC Energy and adKor with a volume of more than EUR 2.5 million +++ JUPITER hydrogen fuel cells by SFC complement adKor´s emergency power systems to ensure more than 100 emergency back-up power supplies for BOSNet radio tower sites +++ Federal Government support program boosts the process of replacing diesel aggregates with hydrogen fuel cells despite coronavirus pandemic
EFOY Pro fuel cells provide clean and reliable off-grid power for flood monitoring, robots, border surveillance and public health. +++ Follow-up order for SFC Energy, already delivered in Q1 2020. The new follow-up order amounts to EUR 1.4 million. +++ EFOY Pro fuel cells power “Contactless Situation Awareness” robots equipped with body temperature thermal cameras aimed for combat and control of COVID-19.
Alberta Oil Producer places a follow-up order for more of Simark’s successful, fully integrated Variable Frequency Drive systems (VFDs). +++ Simark’s VFD systems help the oil producer to significantly reduce costs with unique installation and operations benefits. +++ Order is for 68 ESP systems.
SFC Energy delivers EFOY ProCube fuel cell solution as back-up power supply to BOS radio stations in Meissen
Meissen district administration orders back-up power supply for their BOS radio locations from SFC partner FKS GmbH +++ EFOY ProCube, an autonomous, maintenance-free off-grid power source with EFOY Pro fuel cells, ensures long, reliable power availability for the uninterrupted operation of the equipment
For every sold fuel cell during our trade fairs at the end of 2019, we will plant a fruit tree.
SFC gains direct access to Germany’s attractive private and public security markets with a strong growth potential. +++ Agreement is an important element in SFC’s digitization strategy with innovative services, modern IoT solutions, digital control & monitoring systems and new, even more powerful products.