SFC Energy AG publishes audited consolidated figures 2017 and forecast for 2018 – Step into profitability successfully achieved- Final consolidated figures confirm preliminary figures of February 8, 2018
– Record sales and earnings in 2017:
o EUR 54.29 million (2016: EUR 44.04 million)
o Positive adjusted EBITDA of EUR 1.45 million for the first time (2016: minus EUR 2.66 million) and positive adjusted EBIT of EUR 177 thousand (2016: minus EUR 4.11 million)
– Guidance 2018: increase in sales to EUR 60-64 million and sustainable profitability – significantly improved underlying EBITDA and a clearly improved underlying EBIT
Brunnthal/Munich, Germany, March 29, 2018 – SFC Energy, a leading provider of hybrid power solutions to the stationary and mobile power generation markets, today published its annual report and final consolidated figures for the financial year 2017 as well as a guidance for 2018.
Sales
In the reporting year, the Group generated the highest ever turnover in the company’s history with EUR 54.29 million compared with EUR 44.04 million in the previous year. This marks an increase well in excess of market growth of more than 23%. Significantly responsible for the positive development was a considerable growth on all our core markets – Oil & Gas, Industry, Defense and Authorities.
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