Wolf­tank Group reports suc­cess­ful finan­cial year 2021 and laun­ches new brand iden­ti­ty for future positioning

Preli­mi­na­ry results show impro­ve­ment in key figures 2021 after pan­de­mic year: Ope­ra­ting per­for­mance up by one third to EUR 47.4 mn, adjus­ted EBITDA rises to EUR 3 mn

Group brand iden­ti­ty renewed, launch of group website www.wolftankgroup.com 

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.

[1] All figures remain subject to Group audit.

 

Here you can find the news as download:

 

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

Dis­c­lai­mer:

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.

About Wolftank Group

Wolftank-Adisa Holding AG is the parent company of an international group of companies focusing on the turnkey construction of modular hydrogen and LNG refuelling facilities, environmental protection services for polluted soils, facilities and waters, refurbishment and monitoring of (large) tank facilities as well as full-service engineering services for fuel supply facilities. The company is active worldwide and has various patented application technologies.

Note: All requirements of the Austrian Stock Exchange Act regarding the requirement of a formal admission of financial instruments for trading and issuer obligations on a regulated market for financial instruments traded on the Third Market do not apply, but in particular the requirements set out in Art. 17 (Publication of Insiders, Contract participation “direct market plus” | December 2018), Art. 18 (Insider Lists) and Art. 19 (Directors dealing) of the Market Abuse Ordinance (VO (EU) No. 596/2014) in connection with the obligations laid down in the respective national legal rules pursuant to the Stock Exchange Act and the prohibitions of Art. 14 (Insider Trading) and Art. 15 (Market Manipulation) of the Market Abuse Ordinance (VO (EU) No. 596/2014) in connection with the respective national legal rules pursuant to the Stock Exchange Act do apply.

Related news
Corporate News | Press releases
Wolf­tank Group: Signi­fi­cant sales growth in the first half of 2022
Environmental services, Hydrogen, Industrial coatings, LNG
Events
CEO Peter Werth par­ti­ci­pa­ting in the VDE Finan­cial Hydro­gen Dia­lo­gue in Nuremberg
Hydrogen
Events
CEO Peter Werth invited at the Avesco webinar about zero-emis­si­on mobility
Hydrogen, LNG
Corporate News | Press releases
Wolf­tank Group: Strong part­ners­hips yield first results
Hydrogen, LNG
Subscribe to our newsletter
Get in touch with us
Stay up to date and subscribe to our newsletter
Reach out to our team and get more information