SFC Energy AG Reports Strong 2024 Results, Exceeds Earnings Forecast

SFC Energy AG announced preliminary 2024 figures, showcasing a 22.5% increase in Group sales, reaching EUR 144.75 million. The earnings forecast was exceeded with a 45.2% rise in adjusted EBITDA to EUR 22 million, and adjusted EBIT rose by 60.4% to EUR 15.56 million. The company's strategic investments in fuel cell technologies, particularly in defence and public security, contributed significantly to this growth.

The company's international expansion played a vital role, with Asia, particularly India, showing strong growth. In India, local production supported expansion, meeting local content requirements. The company's efforts in upgrading production facilities in Europe and India have bolstered its market presence.

SFC's outlook for 2025 remains optimistic, expecting double-digit sales growth and a steady increase in adjusted EBITDA and EBIT, targeting higher gross margins and broader market reach.