Entech: 32% increase in annual turnover – 05/29/2024 at 10:32

(CercleFinance.com) – Renewable energy company Entech posts turnover up 32% to 45.5 million euros for the 2023-24 financial year, growth in storage activities (+40%) and production (+36%) having largely offset the fall in hydrogen activity (-84%).

Taking into account the operational performance achieved in the second part of the financial year, it anticipates an EBITDA close to balance in the second half, a sharp increase compared to that of the first half (-1.3 million euros).

Claiming an order book of 41 million euros at the end of March, it reaffirms its ambition for the 2025-26 financial year characterized by a turnover target of around 130 million associated with an EBITDA margin of around 20%.

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