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FDE Q1 2021/2022 turnover of € 2,9 M ( + 87 % compared to Q1 2020/2021 ) Revenues increase confirmed for 2022 Pontpierre , France , October 25th , 2021 - La Française de l'Énergie ( Euronext : LFDE - ISIN : FR0013030152 ) , producer of energy with a negative carbon footprint , has recorded a further increase in its Q1 2021/2022 revenues , which stood at € 2.9 M against € 1.6 M last year ( + 87 % yoy ) . Increase in produced volumes and market prices over the quarter In the first quarter of 2021/2022 , the electricity production activity achieved a turnover of € 2.0 M , up by + 55 % compared to last year . This increase is linked to an increase in productivity of the CHP units when outside temperatures are high ( summer time ) , along with the contribution of the 2 new cogenerations in Béthune ( + € 398,000 in turnover ) and a favourable energy market environment . In France , the Group benefits from a guaranteed Feed - in - Tariff , enabling to decorrelate 58 % ¹ of its total revenues from the spot market . In Belgium , the average selling price of electricity in Q1 2022 ( 62.5 € / MWh ) has almost doubled compared to the Q1 2021 ( 33.3 € / MWh ) . All the same , the gas production activity has recorded an increase in revenue from € 0.3 M to € 0.8 M over the 1st quarter of 2021/2022 , led by an improvement of produced volumes ( + 25 % compared to previous year ) , mainly due to the recovery of the economy and an average gas price over the period ( € 28,12 / MWh ) , which has increased by 148 % compared to previous year ( € 11,33 / MWh ) . Income from the sale of heat amounts to € 98 K over the quarter ( nil in 2020/2021 ) . Revenues ' growth confirmed for 2021/2022 Pursuing its development plan , the Group will commission 5 new 1.5 MW CHP units in Avion ( 3 MW ) and Anderlues ( 4.5 MW ) , i.e. 7,5 MW of additional capacity by the end of the calendar year 2021 , thus confirming its ability to carry out its development strategy . The Group will continue to strengthen its installed electrical capacity over the fiscal year 2022 , with the installation of additional CHP units on the concession known as Sud Charleroi ( Belgium ) . La Française de l'Energie therefore confirms its objective of achieving annualized revenue of € 35M and an EBITDA margin of over 45 % by the end of 2022 . Next announcement : October 26th , 2021 at 6pm - Presentation of annual results November 30th , 2021 - Shareholders ' meeting 1 Feed - in - Tariff published in the October 16th 2016 decree ; % based on total Group revenues on Q1 2021/2022 francaisedelenergie.fr