SFC Energy stock reports 11.9 percent revenue growth in 2026

Published on 09/28/2026 at 13:33 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

SFC Energy stock was quoted at EUR 21.05 on Xetra on September 4, 2026. First-half adjusted EBITDA reached EUR 18.4 million and 2026 revenue guidance spans EUR 166 million to EUR 175 million.

Brennstoffzellenmodul mit Methanolkartusche im Wald für Off-Grid-Stromversorgung — SFC Energy AG DE0007568578 zeigt Brennstoffzellenmodul mit Methanolkartusche für Off-Grid-Versorgung im Wald, Illustration mit AI erstellt.

SFC Energy stock was quoted at EUR 21.05 on Xetra on September 4, 2026, with a daily gain of 1.94 percent. The company enters the autumn with first-half revenue of EUR 82.4 million and adjusted EBITDA of EUR 18.4 million, according to GoingPublic on September 9, 2026.

Profit grows faster than revenue

The first-half revenue increase was 11.9 percent from the prior-year period, while adjusted EBITDA more than doubled from EUR 8.5 million to EUR 18.4 million. Adjusted EBITDA therefore reached a 22.4 percent margin, giving investors a clearer measure of operating leverage than revenue growth alone.

Borse Express reported on August 29, 2026, that adjusted EBIT reached EUR 14.0 million, compared with EUR 4.7 million in the prior-year period. The operating result grew faster than sales, highlighting the importance of product mix and production scale for the 2026 investment case.

Ukraine order supports 2026 outlook

A EUR 42.7 million Ukraine order for hybrid off-grid systems contributed EUR 22.3 million to second-quarter revenue, according to GoingPublic. First-half order intake reached EUR 108.7 million, compared with EUR 43.7 million in the prior-year period, while the order backlog stood at EUR 104.9 million.

Management expects 2026 revenue of EUR 166 million to EUR 175 million and adjusted EBITDA of EUR 31.5 million to EUR 34.0 million. The range gives the market a concrete test for whether the Ukraine contribution can be followed by demand from defense, security and off-grid energy customers.

Analyst targets remain above the quote

On August 17, 2026, Berenberg maintained a Buy rating and set a EUR 27.50 price target, while Warburg Research retained Buy with a EUR 29.00 target, according to finanzen.net. Relative to the EUR 21.05 Xetra quote, the Berenberg target lies 30.64 percent above the price, but execution against the 2026 guidance remains the central operating test.

Capital Markets Day set for October

SFC Energy plans a Capital Markets Day in Swindon on October 7, 2026, with strategy, technology and growth markets on the agenda, as Borse Express reported. The event provides the next dated checkpoint for demand in North America and Asia and for the conversion of the order backlog into revenue.