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SFC Energy AG - Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014 - ISIN DE0007568578


SFC Energy AG publishes preliminary consolidated figures for 2018 and forecast for 2019 / Company considering its strategic options for future development and growth

Brunnthal/Munich, February 7, 2019 - SFC Energy achieved its targets for 2018 as a whole, both in terms of the targeted sales growth and in terms of increasing profitability. According to preliminary calculations, the Group generated consolidated sales of EUR 61.70 million in the fiscal year 2018, an increase of around 14% over the previous year's figure of EUR 54.29 million (annual forecast 2018: EUR 60 million to 64 million). The positive development of preliminary adjusted EBITDA in 2018 was even more pronounced: at EUR 3.71 million, EBITDA for 2018 as a whole was approximately 155% higher than in the previous year (2017: EUR 1.45 million). According to preliminary calculations, adjusted EBIT in 2018 amounted to EUR 2.55 million compared to EUR 0.18 million in the previous year. Thus, the annual forecast of a significant improvement in adjusted EBITDA and EBIT was achieved.

The Management Board expects further significant organic growth for the current fiscal year 2019 and plans consolidated sales of EUR 67 million to 74 million. In addition, a further significant increase in profitability is planned for 2019 with adjusted EBITDA in the range of EUR 4.5 million to 7 million and adjusted EBIT of EUR 3.5 million to 6 million.

Against the background of these results in 2018, the ongoing strong growth and the perceived increased market and investor interest in the Company, the Management Board and Supervisory Board of SFC Energy AG have initiated a process to consider and prepare strategic options for the future development and growth of the Company. Major large shareholders of the Company are involved in these considerations. The Management's objectives are a consistent regional expansion of business activities with a particular focus on the USA and China as well as the rapid development of the hydrogen fuel cell business. Add-on acquisitions are also to be evaluated. Strategic options also expressly include exploring the markets to attract new, medium-term strategically oriented investors and a potential capital increase. For the latter option, SFC Energy AG has appointed ABN AMRO Bank N.V. and COMMERZBANK Aktiengesellschaft.

The figures announced in this release are preliminary and unaudited. SFC Energy AG will publish final figures for the fiscal year 2018 in its Annual Report 2018 on March 25, 2019.


SFC Investor Relations
SFC Energy AG
Eugen-Saenger-Ring 7
D-85649 Brunnthal
Tel. +49 89 673 592-378
Fax +49 89 673 592-169
Email: [email protected]
Web: www.sfc.com

CROSS ALLIANCE communication GmbH
Susan Hoffmeister
Tel. +49 89 89827227
Email: [email protected]
Web: www.crossalliance.de


Important Note

This release neither constitutes an offer to purchase, or to sell, or to subscribe for, nor a solicitation to purchase or subscribe for, any securities.

This release may contain forward-looking statements, estimates, opinions and projections with respect to anticipated future performance of the Company ("forward-looking statements"). These forward-looking statements can be identified by the use of forward-looking terminology, including, but not limited to, the terms "expects," "plans," "anticipates," "expects," "intends," "may," "will" or "should" or, in each case, their negative, or other variations or comparable terminology. These forward-looking statements include all matters that are not historical facts. Forward-looking statements are based on the current views, expectations and assumptions of the management of SFC Energy AG and involve significant known and unknown risks and uncertainties that could cause actual results, performance or events to differ materially from those expressed or implied in such statements. Forward-looking statements should not be read as guarantees of future performance or results and will not necessarily be accurate indications of whether or not such results will be achieved. Any forward-looking statements only speak as at the date of this release. We undertake no obligation, and do not expect to publicly update, or publicly revise, any of the information, forward-looking statements or the conclusions contained herein or to reflect new events or circumstances or to correct any inaccuracies which may become apparent subsequent to the date hereof, whether as a result of new information, future events or otherwise. We accept no liability whatsoever in respect of the achievement of such forward-looking statements and assumptions.