Earnings release
Page 1
FRANÇAISE DE L'Energie FY2021 annual revenues up by 30 % Increased gaz and electricty revenues over the year Additional income generated from two new production sites Confirme positive dynamic in gas and Belgium electricity prices Pontpierre , France , July 20th , 2021 - La Française de l'Énergie ( Euronext : LFDE - ISIN : FR0013030152 ) , producer of energy with a negative carbon footprint , reported sales for the fiscal year 2021 of € 10.2 million , up by + 30 % . This performance was mainly driven by a further improvement in gaz , electricity and heat volumes sold and the contribution from new low - carbon energy production sites , as well as the ongoing increase in gas and Belgium electricity prices over the period . In € K ( Euros thousand ) 2021 * 2020 % change H1 Sales ( Jul - Dec ) 4 020 4 180 H2 Sales ( Jan - Jun ) 6213 3676 - 4 % + 69 % Annual Sales 10 233 7 855 + 30 % * Unaudited numbers The Group recorded Q4 2021 revenues of € 2.9 million , up by 73 % compared to the previous year , thanks to increased volumes and improving gas price over the quarter . Strong increase in annual revenues across all activities of the Group Revenues from electricity activity reached € 6.5 million at the end of June 2021 , up by 11 % compared to FY2020 . This increase reflects the optimal production on the Group's historic sites ( despite the 30,000 hours maintenance on the machines installed in France ) and the positive contribution from the Béthune site commissioned in January 2021 ( € 634k revenues this year ) . In France , the Group continues to benefit from a guaranteed Feed - in - Tariff for its power activity , thus securing 54 % of its total revenues . The upturn in Belgium electricity prices with an average selling price of 42.7 € / MWH ( + 42 % ) also supported the electricity revenue generation in Wallonia , which represents 9 % of the Group's turnover . LFDE is also continuing its efforts to activate the contribution to the turnover of its Green Certificates in relation to its Belgian production since 2019 . The gas production activity posted an annual turnover of € 3.5 million , up by 81 % compared to last year , thanks to a significant increase in both volumes sold ( + 33 % ) and gas prices derived from the recovery of economic activity in Europe ( + 36 % , with an average selling price of € 14.9 / MWH in FY 2021 ) . francaisedelenergie.fr