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SFC Energy with strongest first quarter of the past years in the consumer business - New EFOY fuel cell generation records high demand in the caravaning- and marine sector

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DGAP-News: SFC Energy AG / Key word(s): Miscellaneous
26.04.2021 / 07:30
The issuer is solely responsible for the content of this announcement.

SFC Energy AG - Press release

SFC Energy with strongest first quarter of the past years in the consumer business - New EFOY fuel cell generation records high demand in the caravaning- and marine sector

Brunnthal/Munich, Germany, April 26, 2021 - SFC Energy AG (F3C:DE, ISIN: DE0007568578), a leading supplier of hydrogen and methanol fuel cells for stationary and mobile hybrid power solutions, announces the strongest first quarter of the past years in the consumer business. In the first quarter of 2021, the number of fuel cells delivered for caravaning and marine applications rose to 586 from 329 in the first quarter of 2020, representing a growth of about 78 percent. The development in Germany is particularly dynamic, followed by the Scandinavian and North American markets.

SFC Energy has its roots in the leisure market, is strongly positioned and has been a reliable partner for the continuously growing caravaning and leisure boat community for more than 15 years. In times of mobility restrictions, "holidays on the doorstep" in motorhomes are enjoying rapidly increasing demand. According to the Caravaning Industrie Verband (CIVD), new registrations of recreational vehicles grew by 12.6 percent. With 24,224 newly registered vehicles, this is a new record for the first three months of a year.[1]

In vehicles and boats, the latest generation of EFOY fuel cells, winner of the European Innovation Award, provides reliable and environmentally friendly onboard power. For many customers, an onboard powerful and clean energy source is an important criterion, as the number of electrical devices such as refrigerators, televisions, laptops or e-bikes is constantly increasing. Thanks to the new EFOY 150 or the EFOY 80, no one has to sacrifice comfort during a camping or boating trip. At the same time, the fuel cell ensures more self-sufficiency from the conventional power grid. Hybridised with the EFOY lithium battery, the EFOY fuel cell makes a powerful duo - the EFOY Hybrid Power. This is how SFC redefines the feeling of freedom of a camping trip and combines it with gentle, sustainable tourism.

"Since the launch of the new product generation, we have experienced a very strong momentum in the consumer business and are now harvesting the rewards of our long-standing pioneering and development work, which has gone into the fifth generation of the EFOY fuel cell. We have strongly aligned this with customer needs for more performance and sustainability. Our customers mainly wish to have freedom and comfort for their camping vacations. With the EFOY fuel cell, safety and environmental protection do not have to take a back seat during the COVID pandemic," says Dr. Peter Podesser, CEO of SFC Energy AG.

For more information on the new EFOY generation, please visit: www.my-efoy.com.

More information on SFC Energy's Clean Energy and Clean Power Management solutions at sfc.com.


[1] https://www.civd.de/en/artikel/monthly-registrations/

About SFC Energy AG
SFC Energy AG is a leading provider of hydrogen and methanol fuel cells for stationary and mobile hybrid power solutions. With the Clean Energy and Clean Power Management business segments, SFC Energy is a sustainably profitable fuel cell producer. The Company distributes its award-winning products worldwide and has sold more than 50,000 fuel cells to date. The Company is headquartered in Brunnthal/Munich and operates production facilities in Germany, the Netherlands, Romania, and Canada. SFC Energy AG is listed on the Deutsche Boerse Prime Standard (GSIN: 756857, ISIN: DE0007568578).

SFC Presscontact:
Jens Jüttner
Tel. +49 89 125 09 03-32
Email: pr@sfc.com
Web: sfc.com

SFC IR Contact:
Susan Hoffmeister
Tel. +49 89 125 09 03-33
Email: susan.hoffmeister@sfc.com
Web: sfc.com


26.04.2021 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de

Language:

English

Company:

SFC Energy AG

Eugen-Saenger-Ring 7

85649 Brunnthal

Germany

Phone:

+49 (89) 673 592 - 100

Fax:

+49 (89) 673 592 - 169

E-mail:

ir@sfc.com

Internet:

www.sfc.com

ISIN:

DE0007568578

WKN:

756857

Listed:

Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange

EQS News ID:

1188048


 

End of News

DGAP News Service

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