Advent’s Investor Day saw the company revise its revenue target for FY 25 and we have increased our forecast for that year to $300m from $255m accordingly. Our DCF based central valuation rises to $17 from $16. The increase appears well supported in our view by potential business given the positive developments over the past six months.

13 Jul 2022
Advent Technologies - Revenue Target Raised at Investor Day

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Advent Technologies - Revenue Target Raised at Investor Day
- Published:
13 Jul 2022 -
Author:
Adam Forsyth -
Pages:
6 -
Advent’s Investor Day saw the company revise its revenue target for FY 25 and we have increased our forecast for that year to $300m from $255m accordingly. Our DCF based central valuation rises to $17 from $16. The increase appears well supported in our view by potential business given the positive developments over the past six months.