Key Developments: SFC Energy AG (SSMFF.PK)
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22 Dec 2011
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Latest Key Developments (Source: Significant Developments)
SFC Energy AG Comments on FY 2013 Outlook
SFC Energy AG announced that it anticipates revenue growth of around 10% and an associated further improvement of its earnings figures for the fiscal year 2013. Full Article
SFC Energy AG Confirms FY 2012 Sales and EBITDA Forecast; Comments on FY 2013 EBIT and EBITDA Guidance
SFC Energy AG announced that it still expects fiscal year 2012 consolidated sales of approximately EUR 31 million and a positive EBITDA. For the fiscal year 2013, the Company expects a further sales increase of about 10% along with further EBIT and EBITDA improvements. Full Article
SFC Energy AG Confirms FY 2012 Sales Guidance; Comments on H2 2012 EBITDA Guidance; Issues FY 2013 Sales Guidance in Line with Analysts' Estimates
SFC Energy AG announced that, after a positive first half fiscal year 2012, it expects to continue to consider consolidated group sales of approximately EUR 30 million achievable. Further, a sustainably positive EBITDA should be reached in the second half of fiscal year 2012. For the fiscal year 2013 management expects a further sales increase of between 10% to 15% along with further EBIT and EBITDA improvements. According to I/B/E/S estimates analysts on average are expecting the Company to report for fiscal year 2012 revenue of EUR 29.95 million and fiscal year 2013 revenue of EUR 34.13 million. Full Article
SFC Energy AG Receives Order from Deutsche Bundeswehr
SFC Energy AG announced that it has received a third serial order of Deutsche Bundeswehr. Deutsche Bundeswehr is equipping additional soldiers with the portable JENNY fuel cell, the SFC Power Manager, a hybrid battery specially tailored to the system, and a solar panel, as well as accessories. The order volume amounts to just under EUR 5 million net. Delivery of the systems is expected to take place before the end of 2012. Full Article
SFC Energy AG Issues FY 2012 Guidance In Line with Analysts' Estimates
SFC Energy AG announced that for the 2012 business year the Company expects to generate group sales of EUR 28 million to EUR 30 million, and, as previously announced, to reach EBITDA break even in the second half of fiscal year 2012. According to I/B/E/S Estimates, analysts on average are expecting the Company to report revenue of EUR 27.95 million for the fiscal year 2012. Full Article
SFC Energy AG Confirms FY 2011 Guidance
SFC Energy AG announced that the Company continues to expect for fiscal year 2011 organic sales growth of approximately the same as the level from the fiscal year 2010, and a total turnover between EUR 15 million to EUR 16 million. However, for fiscal year 2011 earnings will amount to approximately EUR 1.2 million. For the fiscal year 2010 the Company reported sales of EUR 13.33 million. Full Article
SFC Energy AG Acquires PBF Group B.V.; to Issue New Shares to Finance Transaction
SFC Energy AG (SFC) announced that it has signed a contract to acquire PBF Group B.V. (PBF), a Dutch company with international operations specializing in switched mode power supplies and higher level power management solutions. The net purchase price amounts up to EUR 9.35 million, consisting of EUR 6.0 million in cash, 350,000 new SFC shares (at a valuation of EUR 5.70 per share), and a performance-related earn-out payment up to EUR 1.35 million in cash. The new SFC shares to be issued to the seller at closing derive from authorized capital and are subject to a 24-month lock-up agreement. The earn-out payment is linked to achieving defined targets in the 2012 and 2013 fiscal years. The transaction is expected to be completed before the end of 2011. Full Article
SFC Energy AG Confirms FY 2011 Guidance
SFC Energy AG announced that the Company has reaffirmed its fiscal year 2011 guidance. For the financial year 2011 the Management Board of SFC Energy AG expects organic sales growth to be at least as good as that achieved in the fiscal year 2010. Based on the Company's current plans, sales growth combined with further action to reduce product costs will be the basis for significant improvements in EBIT and cash flow resulting into concrete steps towards break even in the financial year 2011. For the fiscal year 2010 the Company reported sales of EUR 13.33 million and a negative EBIT of EUR 4.51 million. According to I/B/E/S Estimates, analysts on average are expecting the Company to report sales of EUR 15.60 million and negative EBIT of EUR 3.95 million for the financial year 2011. Full Article
Earnings vs. 
Estimates
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