on SBF AG (isin : DE000A2AAE22)
SBF AG Reports Solid Mid-Year Performance Amidst Market Challenges
Leipzig, 17 October 2024 – SBF AG has released its half-year report for 2024, showcasing strong results despite a challenging market environment. The company's revenue reached EUR 22.9 million, a significant increase from EUR 16.9 million in the same period last year, primarily due to the consolidation of AMS Software & Elektronik GmbH.
While SBF's EBITDA fell to EUR 0.1 million, the company remains optimistic. Key growth strategies include the ongoing integration of AMS, increased order backlog, and strategic cost optimization measures. SBF anticipates full production capacity utilization due to a EUR 70 million order backlog.
Revenues in the "Rolling Stock," "Public and Industrial Lighting," and "Sensor Technology and Electromechanics" segments reached EUR 9 million, EUR 6 million, and EUR 7 million respectively. Strategic initiatives, such as enhancing production facilities and relocating operations, aim to boost profitability.
Looking forward, SBF maintains a positive outlook for year-end, projecting revenues between EUR 48-50 million and an EBITDA exceeding EUR 0.3 million.
R. H.
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