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SFC Energy AG (F3CG.F)

F3CG.F on Frankfurt Stock Exchange

3.61EUR
22 May 2017
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Latest Key Developments (Source: Significant Developments)

SFC Energy says unit Simark Controls receives C$1.4 mln follow up order from oil producer
Tuesday, 16 May 2017 01:30am EDT 

May 16 (Reuters) - SFC ENERGY AG ::CANADIAN SUBSIDIARY SIMARK CONTROLS RECEIVES CAD 1.4 MILLION FOLLOW UP ORDER FROM OIL PRODUCER.FOLLOW UP ORDER BUILDS ON SUCCESS OF SIMARK CONTROLS' FULLY INTEGRATED VARIABLE FREQUENCY DRIVE SYSTEMS (VFDS).SIMARK'S VFD SYSTEMS HELP OIL PRODUCER TO SIGNIFICANTLY REDUCE COSTS WITH UNIQUE INSTALLATION AND OPERATIONS BENEFITS.  Full Article

SFC Energy Q1 EBITDA loss shrinks to EUR 0.33 mln
Thursday, 11 May 2017 01:31am EDT 

May 11 (Reuters) - SFC ENERGY AG ::SFC ENERGY AG IS EXPERIENCING SIGNIFICANT BUSINESS REVIVAL IN THE FIRST QUARTER OF 2017 - ORDER BACKLOG INCREASES BY 58.5%.Q1 CONSOLIDATED REVENUE INCREASES TO EUR 13.11 MILLION (Q1/2016: EUR 10.30 MILLION).Q1 EBITDA IMPROVES TO EUR -0.33 MILLION (Q1/2016: EUR -0.45 MILLION).Q1 ORDER BACKLOG INCREASES TO EUR 16.11 MILLION (Q1 / 2016: EUR 10.17 MILLION).OUTLOOK 2017: MANAGEMENT BOARD CONFIRMS PROJECTED SALES OF EUR 50 TO 55 MILLION AND FURTHER SIGNIFICANT IMPROVEMENT OF PROFITABILITY COMPARED TO PRIOR YEAR.  Full Article

SFC Energy announces an exclusive new defense industry sales partnership
Thursday, 4 May 2017 01:30am EDT 

May 4 (Reuters) - SFC Energy AG ::New UK partner ZeroAlpha Solutions successfully trials SFC Energy's fuel cells with UK Ministry of Defence.  Full Article

SFC Energy's Dutch unit delivers power electronics prototype for aviation applications
Thursday, 20 Apr 2017 01:30am EDT 

April 20 (Reuters) - Sfc Energy Ag :Dutch subsidiary PBF Group B.V. delivers power electronics prototype for aviation applications.Order amount: 0.5 million euros .Product commercialization expected for 2018.  Full Article

SFC Energy FY net loss narrows to 4.99 mln euros
Thursday, 6 Apr 2017 01:30am EDT 

SFC Energy AG : Publishes audited consolidated figures 2016 and forecast for 2017 . Guidance 2017: increase in sales to 50-55 million euros and significant improvement in profitability expected . Order book grew by more than 40 pct (2016: 16.85 million euros, 2015: 11.76 million euros) . FY generated sales of 44.04 million euros ($47.00 million)compared with 47.31 million euros in previous year . Major reason for decline was weakness in oil & gas market .Consolidated net income improved in financial year 2016 to minus 4.99 million euros compared to minus 10.67 million euros in previous year.  Full Article

SFC Energy CFO Schneider to leave management board
Monday, 3 Apr 2017 02:44am EDT 

SFC Energy AG : Said on Friday CFO and Management Board Member Steffen Schneider tendered a request to the SFC Energy supervisory board to terminate his management board service agreement prematurely, in order to allow him to pursue a personal career opportunity . The Board granted his wish to prematurely end the contract . Schneider will leave the Management Board on the best possible terms at the close of the day on which the annual general meeting is set to take place, thus May 17, 2017 .His managerial position within the SFC Group (CFO), in terms of his functional duties, will be taken on by Gerhard Inninger.  Full Article

SFC Energy Canadian unit gets CAD2 mln order from oil producer
Tuesday, 14 Mar 2017 02:30am EDT 

SFC Energy AG :Canadian subsidiary Simark Controls receives 2 million Canadian dollars ($1.49 million) order from oil producer.  Full Article

SFC Energy and Indian Partner receive order for fuel cells
Wednesday, 11 Jan 2017 01:25am EST 

SFC Energy AG :SFC Energy and Indian partner receive order for fuel cells from Indian Ministry of Home Affairs.  Full Article

SFC Energy partner AG group delivers man portable SFC Energy network to Belgian Army
Wednesday, 16 Nov 2016 01:30am EST 

SFC Energy AG : SFC Energy partner AG group delivers man portable SFC Energy network to Belgian Army .Order generated revenues to amount of 0.2 million euros ($214,940.00).  Full Article

SFC Energy 9-month revenues down at 31.36 million euros
Tuesday, 8 Nov 2016 01:38am EST 

SFC Energy AG : Consolidated revenues after 9 months 2016 at 31.36 million euros (prior year period 36.33 million euros) . Outlook 2016: management board confirms revised revenue guidance of 40 to 42 million euros with profitability at prior year's level .EBITDA improved in first nine months 2016 at minus 2.696 million euros, compared to minus 3.595 million euros in prior year period.  Full Article

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