EQS-Adhoc: Enapter AG sets forecast for financial year 2024
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EQS-Ad-hoc: Enapter AG / Key word(s): Results Forecast/Miscellaneous Enapter AG sets forecast for financial year 2024 Berlin, 29 February 2024: Enapter AG (ISIN: DE000A255G02) has adopted its forecast for the current 2024 financial year. The company expects sales of EUR 34 million for 2024. EBITDA is expected to be between EUR -7 million and EUR -8 million.
The 2024 financial year is characterised in particular by high up-front costs for the pre-series production of the AEM-Nexus, Enapter's megawatt-class electrolyser. Enapter is experiencing very high demand for the AEM-Nexus, reflecting the significant growth in demand from industry and logistics for solutions for large quantities of green hydrogen. Enapter products in the megawatt range now account for around 95% of total enquiries. About Enapter Enapter is an innovative energy technology company that manufactures highly efficient hydrogen generators - so-called electrolysers - to replace fossil fuels and thus drive the energy transition globally. The patented and proven anion exchange membrane technology (AEM) enables the series and mass production of cost-effective electrolysers for the production of green hydrogen on any scale and almost anywhere in the world. The modular systems are already being used by more than 375 customers in over 50 countries worldwide, including in the energy, mobility, industrial, heating and telecommunications sectors. The Enapter Group is headquartered in Germany and has an R and production site in Italy. Website: https://www.enapter.com Press contact: Ralf Droz / Doron Kaufmann End of Inside Information
29-Feb-2024 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. |
| Language: | English |
| Company: | Enapter AG |
| Reinhardtstr. 35 | |
| 10117 Berlin | |
| Germany | |
| E-mail: | [email protected] |
| Internet: | www.enapterag.de |
| ISIN: | DE000A255G02 |
| WKN: | A255G0 |
| Listed: | Regulated Market in Frankfurt (General Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange |
| EQS News ID: | 1848667 |
| End of Announcement | EQS News Service |
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1848667 29-Feb-2024 CET/CEST
Enapter AG Stock
With 0 Sell predictions and 1 Buy predictions the community sentiment towards the Enapter AG stock is not clear.
Based on the current price of 4.89 € the target price of 12 € shows a potential of 145.4% for Enapter AG which would more than double the current price.
