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Entech Reports Record Growth and Secures Major Contracts in 2024

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Entech Reports Record Growth and Secures Major Contracts in 2024

Entech SA ( (FR:ALESE) ) has issued an announcement.

Entech reported a successful 9-month fiscal year for 2024, with significant growth in its Entech Solutions division and a record contract for battery storage systems. The company signed major contracts with Sunrock and AEG Power Solutions, enhancing its position in the renewable energy market. Entech aims to continue its profitable growth strategy, targeting over €300 million in revenue by 2029, with a focus on large-scale projects and expanding its Entech Energy & Services division.

More about Entech SA

Entech is a technology company specializing in the storage and intelligent management of renewable energies. It develops solar production, storage, and electrical conversion solutions, and is recognized for its innovation in integrating renewable energies into the energy mix. Founded in Quimper in 2016, Entech has completed over 400 projects globally and employs 180 people. The company operates through Entech Construction, Entech Solutions, and Entech Energy & Services, focusing on photovoltaic power plants, hydrogen projects, and turnkey solutions for economic actors.

YTD Price Performance: 12.41%

Average Trading Volume: 47

Technical Sentiment Consensus Rating: Hold

Current Market Cap: €105.7M

See more data about ALESE stock on TipRanks’ Stock Analysis page.

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