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FORSEE POWER : 11% GROWTH IN THE FIRST QUARTER

Forsee Power announced on Wednesday that it had posted "good commercial performance" in the first quarter despite an adverse context, marked in particular by the indirect impacts of the Ukrainian conflict.


FORSEE POWER : 11% GROWTH IN THE FIRST QUARTER


The French industrial group says it achieved a turnover of 18.5 million euros over the first three months of the year, up 11%.


The battery systems specialist explains that its activity was driven by the light vehicle segment (+62%), which benefits from a shorter commercial cycle than that of heavy vehicles.


In its press release, Forsee also underlines that the amount of its order book at the end of last January was already higher than the turnover achieved on the whole of the


The company nevertheless mentions the rise in the price of raw materials, tensions concerning the supply of certain electronic components and uncertainties linked to the Covid-19 crisis in China, where the company operates one of its four sites. of production.


Listed on the Paris Stock Exchange, Forsee shares rose only 0.3% on Wednesday following this publication.

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