Q2 2024 SFC Energy AG Earnings Call Transcript
Key Points
- SFC Energy AG (SSMFF) reported a 24.2% increase in revenues for the first half of 2024.
- The company expanded its EBITDA adjusted margin to 17.7%, a 4.8 percentage point increase compared to H1 2023.
- Order intake increased to EUR79 million in the first half of the year, up from EUR68.8 million.
- The company has successfully ramped up MEA production in the U.K. and opened a new facility in the U.S.
- SFC Energy AG (SSMFF) reported a significant improvement in operating cash flow, up 70% compared to the first half of 2023.
- The company experienced slower growth in Q2 due to capacity limitations in ramping up membrane production.
- The U.S. market showed a decrease in performance, with numbers below last year's figures.
- The company faced higher costs for membrane production in the first half of the year.
- There are concerns about potential quality issues as the company transfers production processes to new facilities.
- The company has not raised its full-year guidance despite strong H1 performance, indicating caution about the second half of the year.
Thank you very much, France, for the introduction. Good morning to all of you, and thanks for sharing the time with us here. Daniel and myself, we are pleased to present our half year as well as our Q2 financials to you and also give you, I think, a good insight and a good update on where we are on an operational level here in order to, I'd say, fulfill our targets here also for 2024. Looking into some of the highlights here. As a first point, then really going into the details here of the business side of the financials, and then finally, as you shall open up the questions here -- open up the floor for questions and comments from your side.
So I think to make a brief on the highlight side, well, we see improved and increased KPIs on all our financial ratios here for the first half year, sales EBITDA. I think a next step on implementing our growth strategy here. We are, so to speak, really pleased also with the our cash flow performance in the first 6 months. And I think content wise, we have taken the next
| Access to All Earning Calls and Stock Analysis | |
| 30-Year Financial on one screen | |
| All-in-one Stock Screener with unlimited filters | |
| Customizable Stock Dashboard | |
| Real Time Insider Trading Transactions | |
| 8,000+ Institutional investors’ 13F holdings | |
| Powerful Excel Add-in and Google sheets Add-on | |
| All data downloadable | |
| Quick customer support | |
| And much more... |
Trustpilot
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
