FOM Technologies doubles revenue, upgrades guidance

The Danish equipment maker is seeing such strong demand for its solar energy and battery technology that the company dials up its full-year expectations. So far, however, the bottom line hasn’t been in line with the increased revenue.

Photo: FOM Technologies/PR

Business has been good for FOM Technologies in the first half of 2022, according to the company’s interim report.

Revenue has surged by 127% to DKK 21.5m (EUR 2.9m), with the company highlighting strong international demand for its slot-die-coating technology used for research and development within solar energy and battery tech.

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