Innsbruck (pta/29.04.2022/13:47) -
Wolftank Group (Wolftank-Adisa Holding AG, ISIN: AT0000A25NJ6) looks back on a successful year 2021. Preliminary results show the improvement in key figures after the pandemic year 2020: Operating performance increased to EUR 47.4 mn, up 33.5% year-on-year (2020: EUR 35.5 mn). EBITDA has been adjusted for one-off effects, specifically the capital costs of the 2021 capital measures as well as working capital adjustments from prior periods, and amounts to EUR 3.0 mn. Without adjustment, EBITDA is at EUR 1.6 mn (2020: EUR 0.01 mn). Adjusted EBIT is positive at EUR 0.3 mn, compared to EUR minus 2.0 mn in 2020. Net debt has been reduced from EUR 19.8 nm in 2020 to EUR 8.8 mn in 2021.
With strong new partnerships, in Italy for example with the Q8 Group, the gas supplier Snam and the leading telecom provider TIM as well as with the German SFC Energy or through the acquisition of 50 percent of the Italian company Mares, the Group is further expanding its positioning in the field of renewable energies. "After a bump in 2020 due to the pandemic, we are back on our growth path. We were able to improve all relevant key figures last year and have further strengthened our position in essential markets", says Peter Werth, CEO of Wolftank Group.
The general market situation is currently impacted by the war in Ukraine as well as by a slow recovery in China, where uncertainties regarding further developments - such as lockdown measures and resulting bottlenecks in supply chains - persist. In the current market situation, the Wolftank Group itself is experiencing the increased demand for infrastructure for a CO2-neutral, local energy supply and is registering an exceptionally high demand for hydrogen refueling systems.
"With twenty years of hydrogen experience, we are in a position to implement concrete solutions quickly and effectively. This know-how is in high demand; for hydrogen refueling systems alone, we currently have inquiries amounting to twice the annual sales of the entire Group. Step by step, this pipeline will also be reflected in our bookings", says Peter Werth. "Developments in recent months show that the demand for sustainable energy solutions is higher than ever. Green hydrogen in particular has a special role in this context, as it can be stored, transported and used for vehicles. We are excellently positioned in this area and want to make a decisive contribution to expanding the hydrogen infrastructure. I'm convinced this will be the growth driver for our Group."
New brand identity launched
The Group is implementing a new brand architecture and rolling out a new corporate identity in all countries. Starting today, the Wolftank Group introduces the new design and launches the new website www.wolftankgroup.com. Step by step, the subsidiaries will change their brands to "Wolftank" with the addition of the respective country or regional name in the coming months and will implement the new design as well. The first company to change its name to Wolftank Deutschland was the German DRK 32 in April.
"We want to make a decisive contribution to building the infrastructure for tomorrow's energy systems and enabling emission-free mobility. Our new corporate identity further strengthens our visibility as a group. With this, we have created the ideal foundation for our further growth," concludes CEO Peter Werth.
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-Adisa Holding AG, based in Innsbruck, Austria. The share of Wolftank-Adisa Holding 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: www.wolftankgroup.com
Wolftank-Adisa Holding AG
phone: +43 (512) 345726
This communication contains forward-looking statements based on current knowledge, expectations, and projections of Wolftank-Adisa Holding 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.
Wolftank-Adisa Holding AG
|Contact Person:||Peter Werth|
|Phone:||+43 512 341819|
|Stock Exchange(s):||Direct Market Plus in Vienna|
|Other Stock Exchanges:||Freiverkehr in Frankfurt, m:access in München|