H2APEX Group SCA Revises 2024 Revenue Forecast Due to Delayed Recognition

H2APEX Group SCA, based in Grevenmacher, Luxembourg, has adjusted its revenue forecast for the fiscal year 2024. Initially, the company anticipated revenue between EUR 35 million and EUR 40 million, as outlined in their 2023 Group Annual Report. However, the revised projection now stands at a minimum of EUR 28 million.

This adjustment arises from a time lag in revenue recognition, leading to an expectation that some revenues will be recorded in fiscal year 2025 instead of 2024. Despite the change, H2APEX maintains confidence in achieving the original sales volume based on their current order backlog. The company remains listed on the Frankfurt Stock Exchange under ISIN LU0472835155.