“After closing 2023 with over €270 million Revenues and reaching
the EBITDA target, first quarter 2024 started with double-digit
growth across all business units and revenues up +57% year-on-year
to €58 million at Group level.
NHOA Energy, after the recent commissionings in Asia, counts
975MWh online and over 1GWh of energy storage capacity under
construction, with revenues amounting to €40 million, a +19% growth
compared to Q1 2023.
Free2move eSolutions keeps proceeding on its path in both Europe
and USA and, after the €65 million sales in 2023, closes the first
quarter with a 6 times growth year-on-year, with over €17 million
revenues.
Atlante reached over 4,100 points of charge online and under
construction, of which over 2,000 already serving EV drivers on a
daily basis, doubling the online network in 12 months”, commented
Carlalberto Guglielminotti, CEO of NHOA Group.
Regulatory News:
NHOA Group (NHOA.PA, formerly Engie EPS) is pleased to release
the unaudited Q1 Trading and Operational Update containing the key
performance indicators as of 31 March 2024.
2023
2024
Q1 2024 TRADING AND OPERATIONAL
UPDATE
Notes
Data in
Q1 2023
FY 2023
Q1 2024
Q1 3-months period
Var% vs Q1 2023
Var% vs 31 Dec 2023
NHOA Group
Sales[1]
€m
37,1
273,3
58,2
58,2
+57%
Cash and Deposits
€m
238,8
199,1
of which delta Net Working
Capital
(1)
€m
11,4
Cash Collateralized
€m
44,7
44,8
Indebtedness
€m
(149,1)
(133,1)
Net Cash
(2)
€m
134,4
110,9
Cash and Credit Lines available
(3)
€m
107,7
397,1
334,1[2]
-16%
of which cash and credit lines
available for drawdown
251,7
212,5
of which guarantees dedicated
credit lines
145,4
121,7
EU Grants and Financing to be received
(4)
€m
80,9
98,1
Oustanding Bonds and Guarantees
(5)
€m
152,2
181,1[3]
*Consolidated figures at Group level
BY BUSINESS UNIT
Notes
Data in
Q1 2023
FY 2023
Q1 2024
Q1 3-months period
Var% vs Q1 2023
Var% vs 31 Dec 2023
NHOA ENERGY
Sales[1]
€m
33,4
204,9
39,8
39,8
+19%
Backlog
(6)
€m
252
205
189
-8%
12-month Order Intake
(7)
€m
227
131
147
+13%
Online Capacity[4]
MWh
126
846
975
+15%
Projects Under Construction
(8)
MWh
1.384
1.073
1.058
-1%
Pipeline
(9)
€m
1.234
1.110
1.596
+44%
Projects in which NHOA is shortlisted
#
5
4
6
Notes
Data in
Q1 2023
FY 2023
Q1 2024
Q1 3-months period
Var% vs Q1 2023
Var% vs 31 Dec 2023
eSolutions
Sales[1]
€m
2,5
64,7
17,3
17,3
+583%
Manufacturing Capacity
# PoC
2.750/week
2.750/week
2.750/week
Notes
Data in
Q1 2023
FY 2023
Q1 2024
Q1 3-months period
Var% vs Q1 2023
Var% vs 31 Dec 2023
Atlante
Sales[1]
(10)
€m
1,2
3,7
1,1
1,1
-8%
Utilization Rate[5]
(11)
%
N/A
2,2%
2,0%
2,0%
Occupancy Rate
(12)
21,5%
26,3%
26,3%
Sites Online and Under Construction
[6]
(13)
#
846
1.147
1.213
66
+43%
+6%
PoC Online and Under Construction [6]
(14)(15)
#
2.628
3.651
4.111
460
+56%
+13%
- Italy
%
43%
42%
48%
- France
%
25%
22%
19%
- Spain
%
6%
10%
9%
- Portugal
%
25%
26%
24%
of which PoC online [6]
#
1.037
1.830
2.067
+13%
of which PoC already built and
waiting for grid connection [6]
#
390
264
377
+43%
of which PoC Secured & Under
Construction [6]
#
1.201
1.557
1.667
7%
Sites Under Assessment
(16)
#
3.005
2.891
2.810
-6%
-3%
Sites Under Development
(17)
#
1.071
1.517
1.455
+36%
-4%
[1] Sales refers to Revenues & Other
Income. Q1 2024 Sales refers to unaudited Revenues & Other
Income as at 31 Mar 2024.
[2] 129.3 million are represented by
credit lines that benefit from the support of the major
shareholder, Taiwan Cement Corporation.
[3] 122.1 million of the outstanding bonds
and guarantees benefit from the support of the major shareholder,
Taiwan Cement Corporation.
[4] Starting from Q2 2023, the Online
Capacity KPI is expressed in MWh and not in MW.
[5] Q1 2024 as of 30 Mar Utilization Rate
is computed weighting past periods and quarterly utilization
rates.
[6] This performance indicator includes AC
PoC, mainly coming from the KLC and Ressolar acquired networks.
Notes to the Q1 2024 Trading and
Operational Update
(1) Delta Net Working Capital indicator has been added in
Q4 2023 and at each Quarter is calculated as (A) delta in
short-term commercial liabilities over the three-month period less
(B) delta in short-term commercial assets over the three-month
period.
(2) Net Cash indicator has been introduced in Q3 2023 and
it represents the sum of the amount of (i) the bank accounts
balances and readily available cash investments of the NHOA Group
(Cash and Deposits), (ii) the amount of cash deposited with banks
as collateral (and thus excluded from (i)) for the guarantees they
issue for NHOA Group’s projects (Cash Collateralized), after
deduction of (iii) amounts drawn under credit facilities and other
financial indebtedness, plus accrued interest.
(3) the Cash and Credit Lines available indicator
has been amended in Q3 2023 and it represents the bank accounts
balances and readily available cash investments of the NHOA Group
(Cash and Deposits) plus amounts available for draw down as of the
relevant reporting date under approved credit lines and banks
guarantees that can be issued.
(4) EU Grants and Financing to be received
indicator has been introduced in Q3 2023 and it represents the
total amount of grants and financing approved and available for
drawdown on agreed future dates.
(5) Outstanding Bonds and Guarantees indicator has been
introduced in Q3 2023 and it represents the amount of bank
guarantee securities (i.e. advance payment bonds, performance
bonds, warranty bonds and other guarantees) issued as financial
security for the fulfillment of the NHOA Group’s obligations in
accordance with the terms of the agreed project and commercial
contracts.
(6) Backlog means the estimated revenues and other income
attributable to (i) purchase orders received, contracts signed and
projects awarded (representing 100% of Backlog as of the date
hereof), and (ii) Project Development contracts associated with a
Power Purchase Agreement, where the agreed value is a price per kWh
of electricity and an amount of MW to be installed (nil at the date
hereof). When any contract or project has started its execution,
the amount recognized as Backlog is computed as (A) the transaction
price of the relevant purchase order, contract or project under (i)
and (ii) above, less (B) the amount of revenues recognized, as of
the relevant reporting date, in accordance with IFRS 15
(representing the amount of transaction price allocated to the
performance obligations carried out at the reporting date).
(7) 12-month order intake represents the cumulated value
of new purchase orders received, contracts signed and projects
awarded in the 12 months preceding the relevant reporting date.
(8) Projects Under Construction is an indicator
representing the capacity equivalent of Backlog, in terms of signed
turnkey supply or EPC contracts and therefore excluding Project
Development contracts associated with a Power Purchase Agreement,
(please see Note (5) above).
(9) Pipeline means the estimate, as of the release date,
of the amount of potential projects, tenders and requests for
proposal for which NHOA Energy has decided to participate or
respond.
(10) Sales include the data coming from the recent
acquisition of the e-mobility business unit of Ressolar S.r.l.
(“Ressolar”) and the recent acquisition of the majority
stake in Kilometer Low Cost S.A. (“KLC”).
(11) Utilization Rate indicator first published in Q2
2023, applies to Italy, France and Spain only and is calculated
first at station level as the ratio of (a) kWh sold divided to (b)
the maximum available power (i.e. the available grid connection)
multiplied by 18 hours (being the assumed daily maximum charging
hours) per number of days in the relevant period. The ratios are
then aggregated, weighted by the stations' available power. Note
that stations' utilization data is only included in the calculation
after a phase-in period of six months and for sites with at least
one DC fastcharging EVSE.
(12) Occupancy Rate indicator applies to Portugal only
where, due to the different local market regulations, as Charge
Point Operator (CPO) Atlante is remunerated for the usage of its
infrastructure "by minute". Occupancy rate is therefore calculated
on a 24-hour basis, at a charger level considering 1 PoC per EVSE
as the ratio of (a) minutes of charging sessions sold divided to
(b) total number of minutes in the relevant period. The ratios are
then aggregated, weighted by the stations' available power. Note
that stations' occupancy data is only included in the calculation
after a phase-in period of six months.
(13) Sites Online and Under Construction, includes, as of
the relevant reporting date, the number of sites already
operational, already installed but waiting for grid connection,
secured and under construction. Please note that this performance
indicator includes sites with AC points of charge, mainly coming
from the KLC and Ressolar acquired networks.
(14) PoC Online and Under Construction, includes the
points of charge already operational, as of the relevant reporting
date, already installed but waiting for grid connection, secured
and under construction. Please note that this performance indicator
includes AC points of charge, mainly coming from the KLC and
Ressolar acquired networks.
(15) Of the PoC Online and Under Construction performance
indicator the geographical and construction phase split are
provided, including the AC points of charge, mainly coming from the
KLC and Ressolar acquired networks.
(16) Sites Under Assessment includes the total number of
sites, as of the relevant reporting date, which are actively
pursued after prospecting activity and following a first internal
screening for high level feasibility. At this point, the full
contractual documentation remains to be finalized and signed, all
the required permits have not yet been awarded and construction has
not started.
(17) Sites Under Development, includes sites for which a
more detailed feasibility activity commences, including detailed
discussions with site owners and exchange of documentation. For the
sites included in the “under development” performance indicator
there would be a reasonable degree of confidence that they can be
converted into stations within the next six months (subject to
interconnection and timely delivery of hardware).
* * *
The Q1 2024 Trading and Operational Update will
be illustrated in the investor conference call scheduled on 24
April at 9:00am CEST. Dial-in details and presentation will be
available on the corporate website nhoagroup.com
* * *
NHOA Group
NHOA S.A. (formerly Engie EPS), global player in energy storage,
e-mobility and EV fast and ultra-fast charging network, develops
technologies enabling the transition towards clean energy and
sustainable mobility, shaping the future of a next generation
living in harmony with our planet.
Listed on Euronext Paris regulated market (NHOA.PA), NHOA Group
forms part of the CAC® Mid & Small and CAC® All-Tradable
financial indices.
NHOA Group, with offices in France, Spain, UK, United States,
Taiwan and Australia, maintains entirely in Italy research,
development and production of its technologies.
For further information, go to www.nhoagroup.com
follow us on LinkedIn follow us on Instagram
Forward looking statement
This release may contain forward-looking statements. These
statements are not undertakings as to the future performance of
NHOA. Although NHOA considers that such statements are based on
reasonable expectations and assumptions at the date of publication
of this release, they are by their nature subject to risks and
uncertainties which could cause actual performance to differ from
those indicated or implied in such statements. These risks and
uncertainties include without limitation those explained or
identified in the public documents filed by NHOA with the French
Financial Markets Authority (AMF), including those listed in the
“Risk Factors” section of the NHOA 2023 Universal Registration
Document, filed with the AMF on April 12, 2024 (under number
D.24-0279). Investors and NHOA shareholders should note that if
some or all of these risks are realized they may have a significant
unfavorable impact on NHOA.
These forward looking statements can be identified by the use of
forward looking terminology, including the verbs or terms
“anticipates”, “believes”, “estimates”, “expects”, “intends”,
“may”, “plans”, “build- up”, “under discussion” or “potential
customer”, “should” or “will”, “projects”, “backlog” or “pipeline”
or, in each case, their negative or other variations or comparable
terminology, or by discussions of strategy, plans, objectives,
goals, future events or intentions. These forward-looking
statements include all matters that are not historical facts and
that are to different degrees, uncertain, such as statements about
the impacts of the war in Ukraine and the current economic
situation pandemic on NHOA’s business operations, financial results
and financial position and on the world economy. They appear
throughout this announcement and include, but are not limited to,
statements regarding NHOA’s intentions, beliefs or current
expectations concerning, among other things, NHOA’s results of
business development, operations, financial position, prospects,
financing strategies, expectations for product design and
development, regulatory applications and approvals, reimbursement
arrangements, costs of sales and market penetration. Important
factors that could affect performance and cause results to differ
materially from management’s expectations or could affect NHOA’s
ability to achieve its strategic goals, include the uncertainties
relating to the impact of war in Ukraine and the current economic
situation on NHOA’s business, operations and employees. In
addition, even if the NHOA’s results of operations, financial
position and growth, and the development of the markets and the
industry in which NHOA operates, are consistent with the
forward-looking statements contained in this announcement, those
results or developments may not be indicative of results or
developments in subsequent periods. The forward-looking statements
herein speak only at the date of this announcement. NHOA does not
have the obligation and undertakes no obligation to update or
revise any of the forward-looking statements.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20240423225787/en/
Press Office: Claudia Caracausi and Davide Bruzzese,
Image Building, +39 02 89011300, nhoa@imagebuilding.it Financial
Communication and Institutional Relations: Chiara Cerri, +39
337 1484534, ir@nhoagroup.com
NHOA (EU:NHOA)
과거 데이터 주식 차트
부터 4월(4) 2024 으로 5월(5) 2024
NHOA (EU:NHOA)
과거 데이터 주식 차트
부터 5월(5) 2023 으로 5월(5) 2024