hep Global GmbH Projects Skyrocket in H2 2023: Anticipates €50-60M Revenue & Positive EBIT

• hep global GmbH expects to meet its forecast for the fiscal year 2023, with consolidated revenue of around EUR 50 million to EUR 60 million and earnings before interest and taxes (EBIT) of EUR 0 million to EUR 5 million.
• After a weaker first half of the year, hep achieved significant increases in revenue and earnings in the second half, with project sales in the USA, Canada, and Japan making a significant contribution.
• For 2024, hep anticipates further substantial project revenues, with better performance expected in the first half compared to the previous year. Projects in the USA, Japan, and Germany are expected to contribute to sales revenues.
• hep's strategy of focusing on greenfield development in core markets will deliver revenue contributions in 2024 and contribute to long-term profitable growth.
• hep has a pipeline of around 5.9 GWp, which is an important cornerstone of the company's long-term growth.
• The audited consolidated financial statements for 2023 will be published by the end of June 2024.

hep global Unternehmensanleihe 7,50 % bis 05/26

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-2,61 %

ISIN:DE000A3H3JV5WKN:A3H3JV

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