DGAP-News

SFC Energy AG publishes audited consolidated financial figures for 2015 and forecast for 2016

DGAP-News: SFC Energy AG / Key word(s): Final Results
SFC Energy AG publishes audited consolidated financial figures for 2015 and
forecast for 2016

28.04.2016 / 07:30
The issuer is solely responsible for the content of this announcement.

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SFC Energy AG - Corporate News

SFC Energy AG publishes audited consolidated financial figures for 2015 and
forecast for 2016

- Final consolidated figures confirm preliminary figures of March 3, 2016

- Significant recovery in international defense markets

- Order backlog increases by 10.7% to EUR 11.76 million (previous year:
EUR 10.63 million)

- Guidance 2016: increase in sales to EUR 50-52 million and significant
improvement in earnings expected

Brunnthal/Munich, Germany, April 28, 2016 - SFC Energy, a leading provider
of hybrid power solutions to the stationary and mobile power generation
markets, today published its annual report and final consolidated figures
for financial year 2015 as well as a guidance for 2016.

Sales

In the reporting year the Group generated sales of EUR 47.31 million
compared with EUR 53.63 million in the previous year. Major reasons for the
decline were the weakness in the Oil & Gas market and the postponement of a
large Defense project in 2016.

Sales by segment

Segment in million EUR                   2015                   2014
Oil & Gas                               25.98                  29.33
Security & Industry                     17.57                  20.19
Consumer                                 3.76                   4.11
Total                                   47.31                  53.63

Segment Performance

Despite a decline in sales and earnings performance, SFC Energy AG achieved
important milestones and managed to advance its business development in
order to steer the Company back on a sustainable growth and profitability
course.

Oil & Gas

Sales in the Oil & Gas segment declined due to the difficult market
environment from EUR 29.33 million last year to EUR 25.98 million in 2015.
The customers of SFC Energy AG had to adjust their long-term spending plans
to the lower price level. The oil & gas producers have to continue to
reduce production costs and increase efficiency. The Management Board
expects that the so-called "de-bottlenecking" of existing production will
continue to have a positive influence on the development of this segment in
the running business year. It has already been a revenue driver for SFC