EQS-News: Wolftank Group AG / Key word(s): Quarter Results
Q1 2025: Wolftank Group increases sales by 10% to EUR 25.7 million
12.06.2025 / 09:30 CET/CEST
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Q1 2025: Wolftank Group increases sales by 10% to EUR 25.7 million
• EBITDA at EUR 2.1m in line with previous year (Q1 2024: EUR 2.0m);
EBIT doubles to EUR 0.6m
(Q1 2024: EUR 0.3m)
• Order backlog at EUR 100m; further increase to EUR 152m after
reporting period
• Simplification of segment structure successfully implemented
Wolftank Group AG (ISIN: (1)AT0000A25NJ6), a leading provider of
environmental and energy solutions, achieved sales growth of 9.8% to EUR
25.7m in the first quarter of 2025 (Q1 2024: EUR 23.4m) despite the
continued challenging economic environment.
For the first time, the Group reported sales in the simplified segment
structure in Q1 2025. The previous “Industrial Coatings & Maintenance”
segment was integrated into the “Environmental Services” segment in order
to increase efficiency and synergies. The Wolftank Group's business is now
divided into two segments: The “Environmental Services” segment got off to
a slightly less dynamic start to the year due to the economic conditions
and the planned maintenance of a recycling plant, but still generated
solid sales of EUR 22.6m (88% of total sales). The Hydrogen & Renewable
Energies segment continued to see strong demand due to the momentum of
hydrogen projects and generated sales of EUR 3.1m (12% of total
sales). The major orders announced in this area in recent months are now
being implemented and will have an impact on revenues in the coming
quarters.
EBITDA at previous year's level – order backlog rises significantly
Wolftank Group's EBITDA remained at the previous year's level at EUR 2.1m
(EBITDA margin: 8.2%) (Q1 2024: EUR 2.0m, EBITDA margin: 8.5%). EBIT
doubled from EUR 0.3m in the first quarter of 2024 to EUR 0.6m.
The order backlog was around EUR 100m. After the end of the reporting
period, the Environmental Services segment recorded additional order
intake totaling over EUR 50m. Accordingly, the order backlog rose
substantially to EUR 152m as of May.
“With the results for the first quarter of 2025, we have made a solid
start to the business year. We have already successfully implemented the
simplification of our organizational structure to two focused segments,
thereby reaching an important milestone. Our strong order backlog gives us
confidence for the further development of revenues over the course of the
year”, says Simon Reckla, CEO of the Wolftank Group.
In order to further refine Wolftank Group's focus, the Executive Board
initiated a strategic review process at the end of 2024. The aim is to
develop a long-term strategy that builds on the Group's core competencies,
taps growth potential in future markets, and further focuses the
organizational structure. This should lay the foundation for sustainably
increasing Wolftank Group's growth momentum and profitability while
defining a clear path for the future. The medium- and long-term strategy
is set to be finalized in the second half of 2025 and will be presented
together with an outlook for the current year.
About Wolftank Group
Wolftank Group is a leading technology partner for energy and
environmental solutions operating worldwide. In the field of energy
mobility and logistics, the Group supports customers in more than 20
countries to implement projects in an efficient and environmentally
friendly way. For this, it develops and implements tomorrow's technologies
to decarbonize transport and build the infrastructure for zero-emission
mobility - such as turnkey delivery of modular hydrogen and LNG refueling
facilities. In the area of environmental solutions, the offering includes
due diligences for environmental risks, customized services for soil and
groundwater remediation, as well as recycling. The group's subsidiaries in
eight countries on three continents are managed by Wolftank Group AG,
based in Innsbruck, Austria. The share of Wolftank Group AG (WKN: A2PBHR;
ISIN: AT0000A25NJ6) is listed in the direct market plus segment of the
Vienna Stock Exchange AG and in the m:access of the Munich Stock Exchange
and is traded on Xetra, the Frankfurt and Berlin Stock Exchanges. Further
information: (2)www.wolftankgroup.com
Contact:
Wolftank Group AG
phone: +43 512 345726
Email: (3)investor-relations@wolftankgroup.com
Disclaimer:
This communication contains forward-looking statements based on current
knowledge, expectations, and projections of Wolftank Group AG's management
about the future. All statements are subject to potentially uncertain
assumptions and risks that could cause actual results to differ materially
from those expressed or implied by such statements. Such statements can be
identified using words such as "expect", "plan", "anticipate", "target",
"estimate", "assume" or similar. Consequently, statements relating to the
future are only valid at the time they are made. The Company does not
assume any obligation to adjust, correct or monitor statements made in
this communication in the future.
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12.06.2025 CET/CEST This Corporate News was distributed by EQS Group.
www.eqs.com
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Language: English
Company: Wolftank Group AG
Leopoldstraße 2
6020 Innsbruck
Austria
Phone: +43 512 345726
E-mail: investor-relations@wolftankgroup.com
Internet: www.wolftankgroup.com
ISIN: AT0000A25NJ6
WKN: A2PBHR
Listed: Vienna Stock Exchange (Vienna MTF)
EQS News ID: 2154032
Weitere Handelsplätze: München Freiverkehr m:access Frankfurt Freiverkehr,
XETRA
End of News EQS News Service
2154032 12.06.2025 CET/CEST
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