Earnings release
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FRANÇAISE DE L'Energie Q3 2021 revenues up by 61 % Additional income generated from two new production sites Positive dynamic in gas prices confirmed Pontpierre , France , April 27 , 2021 - La Française de l'Énergie ( Euronext : LFDE - ISIN : FR0013030152 ) , producer of energy with a negative carbon footprint , reported sales for the first nine months of fiscal year 2021 of € 7.3 million , up by + 18 % , mainly driven by a further improvement in volumes , the contribution from new low - carbon energy production sites , and the ongoing increase in gas prices . In € K ( Euros thousand ) 2021 * 2020 % change H1 Sales ( Jul - Dec ) 4 020 4 180 - 4 % Q3 Sales ( Jan - Mars ) 3 290 2 042 + 61 % Year to date Sales 7 310 6222 + 18 % ( 9 months ) * Unaudited numbers Increase in revenues across all activities of the Group Revenues from electricity reached € 4.7 million at the end of March 2021 , up by 3 % compared to the first 9 months of FY2020 . This increase reflects the ongoing optimal production on the Group's historic sites , despite the start of the 30,000 hours maintenance on the machines installed in France , and the new positive contribution from the Béthune site commissioned in January 2021 ( € 274k revenues this quarter ) . The upturn in Belgium electricity prices with an average selling price of 40.9 € / MWH ( + 20 % ) also supports the revenue generation in Wallonia , which now represents 10 % of the Group's turnover . In France , the Group continues to benefit from a guaranteed Feed - in - Tariff , thus securing 55 % of its total revenues . Over these first 9 months of the financial year , the gas production activity posted a turnover of € 2.5 million , up by 52 % compared to last year , thanks to a significant increase in its volumes ( + 36 % ) . The rise in gas prices was also accentuated over this quarter with the gradual recovery of economic activity in Europe , leading to a 34 % increase in the average selling price compared to the previous quarter , therefore reaching € 17.7 / MWH in Q3 2021 . francaisedelenergie.fr