1 May 2024 - FDE issues a new €60 million green bond to develop its low-carbon energy production in Norway and Europe 24 April 2024 - YTD sales of €26.6m, New acceleration of developments across all the Group’s businesses scheduled for end of 2024, 2026 targets confirmed 17 April 2024 - FDE holds 2.26% of its own shares through its share buyback program 9 April 2024 - FDE buys back some of its share issued capital via its buy-back program 28 March 2024 - Announcement of the launch of a new Share Buy-Back program 22 March 2024 - FY 2024 Half-year results: EBITDA margin of 62%, above the Group’s 2026 target, Confirmed financial strength to support the Group’s growth drivers 8 March 2024 - Hydrogen development strategy in Lorraine 1 March 2024 - Completion of the acquisition of a majority stake in Greenstat ASA, a leading green energy player in Norway
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Record revenues for FDE in H1 2022 : €9.1 million (+127%)

25 January 2022

Pontpierre, France, January 25th, 2022 – La Française de l’Énergie (Euronext: FDE – ISIN: FR0013030152), a carbon negative energy producer, posted another very strong revenue growth in H1 2022, with revenues reaching €9.1 million up 127% vs H1 2021.

In Euro million  * H1 2022  H1 2021 YoY %
Q1 2022 sales 2.9 1.5 95%
Q2 2022 sales 6.2 2.5 146%
S1 2022 sales 9.1 4.0 127%

* Unaudited numbers

Significant increase in production volumes achieved in a buoyant market environment

Revenues from gas production tripled to €4.9 million thanks to a further growth in volumes (+30%) and an average gas sale price of €37.43/MWh in H1 2022, up from €11.07/MWh in H1 2021.

Revenues related to the production of green electricity from abandoned mine gas rose sharply to €4 million (up 38% vs H1 2021). This good performance is driven by increased production volumes in the Hauts de France (+31% with contribution from the two cogeneration units at Béthune) and the favourable power prices in Belgium reaching €86.94/MWh in H1 2022.

Revenue from the sale of heat, related to the Béthune project and the largest solar thermal power plant connected to a heating network in Creutzwald, amounted to €195,000 in H1 2022.

Revenue growth confirmed for 2022 and 2023

Taking advantage of favourable market conditions, the Group has fixed for 2022 and 2023 calendar years the sale price for a large portion of its volumes of gas to be sold in France and electricity in Belgium.

The group is progressing well towards its calendar year-end objectives thanks to the commissioning in January 2022 of 3 additional 1.5 MW cogeneration units (4.5 MW) on the Anderlues site and the installation of 2 additional cogeneration units (3 MW) on the Avion site.

Thanks to the development of its abandoned mine methane activity, 1.5 million tonnes of CO2eq will be avoided per annum, confirming the Group’s leading role in the European ecological transition.

La Française de L’Energie confirms its objective of achieving annualized revenue of €35 million and an EBITDA margin of over 45% by the end of 2022.

Next announcement :
H1 2022 Results – March 24th 2022

The ticker changes : LFDE is now FDE

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