La Française de l'Énergie: Coverage Initiation by EXANE with a Target Price Ranging From €31 to €46 Per Share

Regulatory News:

La Française de l'Énergie (Euronext: LFDE - ISIN: FR0013030152), a negative carbon energy producer is proud to announce that Exane BNP Paribas, a leader in European Equities, initiated research on La Française de l'Energie with a positive recommendation and a target price ranging from €31 to €46 per share in a report named “High returns from European Green Energy generation” released this week.

The report is accessible on the Research Tree platform: https://www.research-tree.com/companies/france/utilities/la-francaise-de-l-energie-sa/LFDE/PAR#tab-research

La Française de l'Energie confirms its objective of achieving annualized revenue of € 35 million and an EBITDA margin of over 45% by the end of 2022.

Next announcement:
November 30^th, 2021 –Annual Shareholders’ meeting

About La Française de l’Énergie

La Française de l'Energie is negative carbon energy producer, specializing setting up decentralized energy production sites. La Française de l'Energie supplies gas, green electricity and heat to regional players, thus replacing imported energy with local, cleaner energy. La Française de l'Énergie has strong development potential and aims to become a benchmark independent player in the energy sector in Europe. The company benefits from the innovative company label awarded by Bpifrance.

More information available on www.francaisedelenergie.fr

About Exane BNP Paribas

Exane was founded in 1990 on the back of a business model built around 3 complementary business lines: Cash Equities (Exane BNP Paribas), Derivatives (Exane Solutions), and Asset Management (Exane Asset Management, Ellipsis AM and Ixios Asset Management). Exane expanded internationally in order to be as close to clients as possible, with Paris and London as its main offices. Its 800 employees are spread across 9 sites worldwide. Exane is now a 100% subsidiary of BNP Paribas.

More information available on www.exane.com

Disclaimer

This press release contains certain forward - looking statements and estimates concerning LFDE’s financial condition, operating results, strategy, projects and future performance and the markets in which it operates. Such forward-looking statements and estimates may be identified by words such as “anticipate,” “believe,” “can,” “could,” “estimate,” “expect,” “intend,” “is designed to,” “may,” “might,” “plan,” “potential,” “predict,” “objective,” “should,” or the negative of these and similar expressions. They incorporate all topics that are not historical facts. Forward looking statements, forecasts and estimates are based on management’s current assumptions and assessment of risks, uncertainties and other factors, known and unknown, which were deemed to be reasonable at the time they were made but which may turn out to be incorrect. Events and outcomes are difficult to predict and depend on factors beyond the company’s control. Consequently, the actual results, financial condition, performances and/or achievements of LFDE or of the industry may turn out to differ materially from the future results, performances or achievements expressed or implied by these statements, forecasts and estimates. Owing to these uncertainties, no representation is made as to the correctness or fairness of these forward-looking statements, forecasts and estimates. Furthermore, forward-looking statements, forecasts and estimates speak only as of the date on which they are made, and LFDE undertakes no obligation to update or revise any of them, whether as a result of new information, future events or otherwise, except as required by law.

View source version on businesswire.com: https://www.businesswire.com/news/home/20211118006149/en/

Press
contact@francaisedelenergie.fr
+ 33 3 87 04 34 51

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ir@francaisedelenergie.fr
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