FOM Technologies upgrades guidance amid "strong" Q4

The Danish industrial technology supplier notes ”strong order flow” in this year’s final quarter and now upgrades the performance outlooks for both 2022 and 2023.

BY EMMA GELBJERG-HANSEN, CLEANTECHWATCH, TRANSLATED BY DANIEL FRANK CHRISTENSEN

Recent months have offered a ”strong order flow” for Danish industrial hardware manufacturer FOM Technologies, which supplies equipment to both the solar energy and battery sector, thus prompting the Nasdaq Copenhagen-listed company to now upgrade full-year expectations for both 2022 and 2023, the firm writes in a stock exchange notice.

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FOM Technologies doubles revenue, upgrades guidance
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FOM Technologies enters US-based solar consortium
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