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SFC Energy AG (F3CG.F)

F3CG.F on Frankfurt Stock Exchange

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Latest Key Developments (Source: Significant Developments)

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

SFC Energy sees 2016 revenue of ca. EUR 40-42 mln
Thursday, 29 Sep 2016 06:49am EDT 

SFC Energy AG : Change of revenue and earnings guidance for the 2016 business year . New revenue guidance for 2016 of ca. 40 million euros - 42 million euros ($44.85 million - $47.09 million)with respective negative influence on profitability and liquidity . Continued uncertainty in oil & gas market .Large defense project in germany planned for 2016 will not be realized in current business year.  Full Article

SFC Energy unit receives major follow-up order for high power supply solutions
Wednesday, 31 Aug 2016 01:35am EDT 

SFC Energy AG : PBF Group B.V. receives major follow-up order for high power supply solutions for security, safety and communication needs .Total order amount: 4.7 million euros ($5.24 million) over 24 months.  Full Article

SFC Energy raises 1.5 mln euros from capital increase
Friday, 12 Aug 2016 11:46am EDT 

Sfc Energy Ag : Successfully placed capital increase . Has received gross proceeds in amount of c. 1.5 million euros ($1.68 million) .New shares were placed with HPE Growth Capital and a German family office in a private placement at a price of 3.44 euros per share.  Full Article

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