Hannam & Partners initiated its research coverage with a target price of €129 per share

Pontpierre, France, November 29^th, 2023 – FDE (Euronext: FDE – ISIN: FR0013030152), a carbon negative energy producer, announces that Hannam & Partners, a London-based Investment bank with a recognized expertise in the energy sector, initiated its coverage by its senior analyst, Anish Kapadia, with a target price of €129/share in its initiation report titled « Carbon-Negative & Profitable Multi-Energy Producer ».

The research report is available on FDE’s website: www.francaisedelenergie.fr/en/shareholders/financial-publications/

FDE confirms its FY 2026 objectives of annual revenues of more than €100 million, and an EBITDA above €50 million, combined with over 10 million tons of CO₂eq emissions avoided per annum

 Next announcements:

General Assembly Meeting FY2023: November 30^th, 2023