Haffner Energy SAS (FR:ALHAF) has released an update.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Haffner Energy has reported a transitional year for the 2023-2024 fiscal period, focusing on expanding its market reach and project portfolio despite a challenging hydrogen market. The company’s pipeline increased fourfold to €1.4 billion, largely due to new opportunities in syngas and Sustainable Aviation Fuel markets, particularly in the U.S. Although facing a net loss and a stagnant order book, Haffner Energy is optimistic about future growth and plans a fundraising round in the third quarter to finance further development.
For further insights into FR:ALHAF stock, check out TipRanks’ Stock Analysis page.