(AOF) – In the first half of 2024 ended at the end of December, FDE generated a turnover of 17.4 million euros compared to 21.3 million euros a year ago for the same period. Over this half-year, Ebitda thus stood at 10.8 million euros, i.e. an Ebitda margin of 62% compared to 15.7 million euros and a margin of 74% in the first half of 2023. The result operational cost amounted to 9 million euros, or 52% of turnover, compared to 14.6 million euros or 68% of turnover, a year earlier.
Over this period, net profit share came to 6.3 million euros compared to 10.4 million euros a year before.
Over this first half of 2024, the energy producer with a negative carbon footprint has cash flow of 40.1 million euros (+13.5 million euros compared to the first half of 2023) with a net debt to equity ratio. very conservative of 28%, and a net debt to Ebitda ratio of 1.04x, allowing it to calmly finance its growth at a competitive cost of capital.
The company will relaunch a share buyback program, thus increasing the intrinsic value per share of FDE securities for the benefit of existing shareholders, without affecting its financing capacity for the 2026 development plan.
In parallel with the presentation of its first half results, FDE confirms its objectives for 2026. The group expects an annualized turnover of more than 100 million euros, an Ebitda of more than 50 million euros.
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