Avoided carbon gains speed
Ecoslops’ success in processing oil wastes for a profit is gaining momentum with a full financing of its second unit due in early 2020. Ecoslops posted a raft of positive…
Some extra non-dilutive financing
Crossject announced it had obtained a €1.1m financing from Bpifrance and the Bourgogne-Franche Comté region. The financing is made up of two loans (one relating to R&D and, the second…
Solid 2018 vintage
Chargeurs released 2018 revenues ahead of expectations in adverse global markets and looks like beating street expectations at the operating line (preliminary: a bit more than €48m). This would indeed…
Europlasma files for Chapter 11
Europlasma could not bring to fruition plans to recapitalise/dispose assets. It filed for the French equivalent of Chapter 11 which opens a 6-month process. Trading should resume on 29/01/2019. Difficult…
End of year update confirms the recovery
In oil & gas, Dietswell echoes in its end of year update what bigger players are seeing: after the downturn that started in 2014, oil exploration & production companies are…
A tighter spot
Europlasma warns of extra delays to its refinancing exercise, at risk of a full financial/perimeter restructuring. Europlasma issued an after-hours communiqué on 07/12/2018 about the fact that due diligence delays…
Dedicated to safety for people, goods and the environment
We initiate coverage of SFPI Group with a Buy recommendation and a c.70% upside. The core of SFPI Group’s business model is to target niche markets among the rather moderately-growing…
A €3.9m capital increase
Crossject announced it would issue new shares, a maximum of 3.4m with subscription rights, to be listed before year-end (28 December), with total potential proceeds of c.€3.9m. In short, the…
Production has resumed
Crossject announced that the production issue (due to a mould of a Zeneo component which had been damaged during the summer) has been fixed with production having started again yesterday….
Power generation fine-tuning at a further cost in 2018
The H1 earnings released on 31/10 showed some improvement, but were substantially below what our modelling implied with a €-5.2m cash loss when we were banking on a €-1.4m loss…