Entech: 32% increase in annual sales

(CercleFinance.com) - Renewable energies company Entech reports a 32% increase in sales to 45.
5 million euros for the 2023-24 financial year, with growth in storage (+40%) and production (+36%) more than offsetting the fall in hydrogen business (-84%).

In view of the operating performance achieved in the second half of the year, EBITDA for the second half of the year is expected to be close to breakeven, with a marked improvement on the first half (-1.3 million euros).

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

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