Innsbruck (pta/13.09.2022/10:10 UTC+2)
The Wolftank Group (Wolftank-Adisa Holding AG, ISIN: AT0000A25NJ6), specializing in technologies for energy and environmental solutions, is benefiting from the systematic expansion of its partnerships. The positive market environment for alternative energy solutions is boosting demand for the products and services of the globally active group. Wolftank Group develops and implements state-of-the-art technologies as well as infrastructure solutions for zero-emission mobility and supplies, among others, turnkey modular hydrogen and LNG refueling facilities. Current inquiries in this area are at record levels, exceeding total Group sales in 2021 significantly, but also the actual order intake is increasing significantly. In the last few weeks alone, the Group was able to book orders in the hydrogen and LNG sectors totaling around EUR 3.7 million.
Among the latest order intakes in the hydrogen sector are two projects in Spain: Wolftank Group has just won a double tender for the supply and installation of an electrolyzer and a hydrogen refueling station (HRS) on the Canary Islands. On the mainland, in turn, an H2 Smart Container - a mobile hydrogen refueling station - will be delivered to a Spanish company. The Group is thus now also supplying the Iberian Peninsula with its hydrogen products. Another H2 Smart Container will soon go into operation in the Czech Republic, and in the coming weeks the Group will deliver a hydrogen bus refueling station for the Austrian Postbus. The Wolftank know-how is not only used in Europe, but also on other continents: In Australia, the Group has just been commissioned with the project planning of a hydrogen filling station.
"These are some examples of our good achievements in the recent past. The demand for our infrastructure solutions in the hydrogen sector is enormously high, even if they will only materialize into concrete orders gradually - due to complex and lengthy funding, financing and approval processes. In any case, the high demand is clear and I expect a further significant increase in the medium term," says Peter Werth, CEO of Wolftank Group. To avoid any potential stagnating supply chains and to ensure the smooth implementation of major projects, the Group is taking forward-looking measures as a precautionary step. In order to ensure the increasing need for liquidity, the management is also considering capital measures depending on the market situation, which could range from issuing bonds to a capital increase.
Not only hydrogen solutions, but another innovation area of Wolftank Group is also picking up strongly. CEO Peter Werth: "The current environment in Europe is characterized by uncertainties in energy supply. Many companies want to protect themselves in the short term against any outages. This is where our LNG gas supply replacement systems come into the picture, for which we are experiencing an excellent order situation." Among others, the Group has received an order for five LNG gas supply replacement plants in Italy and Germany in cooperation with its partner Molgas. This is one of those strong partnerships that Wolftank Group has entered in the past year. Others were concluded with the leading Italian telecom provider TIM, with SFC Energy, the Q8 Group and the gas supplier Snam, as well as through the acquisition of a 50 percent stake in the Italian company Mares. This has enabled the company to consistently expand its positioning in the renewable energy sector.
"The initial results from the cooperations of the last 18 months show that we have taken the right steps. They can be seen clearly in our order books as well as the requests pipeline and confirm our strategy on the way to becoming a global solution provider for green energy," concludes CEO 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):||Vienna Stock Exchange (Direct Market Plus)|
|Other Stock Exchanges:||Freiverkehr in Frankfurt, m:access in München|