La Française de l'Énergie: Record Revenues for FDE in H1 2022: €9.1 Million (+127%)
25 Januar 2022 - 10:16PM
Business Wire
Growth Prospects Confirmed
Regulatory News:
La Française de l'Énergie (Paris:LFDE) (Euronext: FDE - ISIN:
FR0013030152), a carbon negative energy producer, posted another
very strong revenue growth in H1 2022, with revenues reaching
€9.1 million up 127% vs H1 2021.
In Euro million *
H1 2022
H1 2021
YoY %
Q1 2022 sales
2.9
1.5
95%
Q2 2022 sales
6.2
2.5
146%
S1 2022 sales
9.1
4.0
127%
* Unaudited numbers
Significant increase in production volumes achieved in a
buoyant market environment
Revenues from gas production tripled to €4.9
million thanks to a further growth in volumes (+30%) and an
average gas sale price of €37.43/MWh in H1 2022, up from €11.07/MWh
in H1 2021.
Revenues related to the production of green electricity
from abandoned mine gas rose sharply to €4 million (up 38%
vs H1 2021). This good performance is driven by increased
production volumes in the Hauts de France (+31% with contribution
from the two cogeneration units at Béthune) and the favourable
power prices in Belgium reaching €86.94/MWh in H1 2022.
Revenue from the sale of heat, related to the Béthune
project and the largest solar thermal power plant connected to a
heating network in Creutzwald, amounted to €195,000 in H1
2022.
Revenue growth confirmed for 2022 and 2023
Taking advantage of favourable market conditions, the
Group has fixed for 2022 and 2023 calendar years the sale price for
a large portion of its volumes of gas to be sold in France and
electricity in Belgium.
The group is progressing well towards its calendar year-end
objectives thanks to the commissioning in January 2022 of 3
additional 1.5 MW cogeneration units (4.5 MW) on the Anderlues site
and the installation of 2 additional cogeneration units (3 MW) on
the Avion site.
Thanks to the development of its abandoned mine methane
activity, 1.5 million tonnes of CO2eq will be avoided per
annum, confirming the Group's leading role in the European
ecological transition.
La Française de L’Energie confirms its
objective of achieving annualized revenue of €35 million and an
EBITDA margin of over 45% by the end of 2022.
Next announcement: H1 2022 Results – March
24th 2022
The ticker changes: LFDE is now FDE
Reuters code: FDE.PA
Bloomberg code: FDE.FP
About La Française de l’Énergie (FDE)
FDE is a carbon negative energy producer, specializing setting
up decentralized energy production sites. La Française de l'Energie
supplies gas, green electricity and heat to regional players, thus
replacing imported energy with local, cleaner energy. La Française
de l'Énergie has strong development potential and aims to become a
benchmark independent player in the energy sector in Europe. The
company benefits from the innovative company label awarded by
Bpifrance.
More information available on www.francaisedelenergie.fr
Disclaimer
This press release contains certain forward - looking statements
and estimates concerning FDE’s financial condition, operating
results, strategy, projects and future performance and the markets
in which it operates. Such forward-looking statements and estimates
may be identified by words such as “anticipate,” “believe,” “can,”
“could,” “estimate,” “expect,” “intend,” “is designed to,” “may,”
“might,” “plan,” “potential,” “predict,” “objective,” “should,” or
the negative of these and similar expressions. They incorporate all
topics that are not historical facts. Forward looking statements,
forecasts and estimates are based on management’s current
assumptions and assessment of risks, uncertainties and other
factors, known and unknown, which were deemed to be reasonable at
the time they were made but which may turn out to be incorrect.
Events and outcomes are difficult to predict and depend on factors
beyond the company’s control. Consequently, the actual results,
financial condition, performances and/or achievements of FDE or of
the industry may turn out to differ materially from the future
results, performances or achievements expressed or implied by these
statements, forecasts and estimates. Owing to these uncertainties,
no representation is made as to the correctness or fairness of
these forward-looking statements, forecasts and estimates.
Furthermore, forward-looking statements, forecasts and estimates
speak only as of the date on which they are made, and FDE
undertakes no obligation to update or revise any of them, whether
as a result of new information, future events or otherwise, except
as required by law.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20220125006126/en/
Press contact@francaisedelenergie.fr + 33 3 87 04 34
51
Investor Relations ir@francaisedelenergie.fr + 33 3 87 04
34 51
First Trust AlphaDEX ETF (TSX:FDE)
Historical Stock Chart
Von Mär 2024 bis Apr 2024
First Trust AlphaDEX ETF (TSX:FDE)
Historical Stock Chart
Von Apr 2023 bis Apr 2024