(AOF) – Haffner Energy unveiled its 2023-2024 annual results which show a net loss of 9.93 million euros compared to 16.46 million a year earlier and a negative Ebitda of 13.04 million compared to 12, 48 million. Net available cash stood at 11.04 million euros as of March 31, 2024 compared to 35.47 million a year earlier. Haffner Energy announces that a fundraising is expected in the third quarter of 2024 aimed “to finance the acceleration of the company’s development”.
In terms of prospects, the specialist in the development, project management and construction of turnkey renewable energy production stations anticipates a positive Ebitda as of March 31, 2026. It expects a turnover as of March 31 2027 reduced to 165 million euros before a strong acceleration expected thanks to SAF projects, with a turnover target of 330 million euros the following year.
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Rail investment plan
The French railway industry is in second place in Europe and third place worldwide. This industry displays a trade surplus, which generates more than 100,000 jobs in France. The announcement of the future plan for French rail transport provides in particular for the regeneration and modernization of the network, the average age of which is 30 years in our territory. This age is much higher than that of countries like Germany (17 years) and Switzerland (15 years). An annual investment increasing from 2.8 billion euros to nearly 4 billion euros should make it possible to maintain the entire network in good condition.