The Hydrogen & Renewable Energies segment continued to see strong demand due to the momentum of hydrogen projects and generated sales of EUR 3.1m
Wolftank Group AG, 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 ongoing challenging economic conditions.
For the first time, the Group reported sales in the simplified segment structure in Q1 2025. The former “Industrial Coatings & Maintenance” segment was integrated into the “Environmental Services” segment in order to increase efficiency and synergies. Wolftank Group’s operations are now structured 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 contracts announced in this area in recent months are now being implemented and will contribute to revenue in the coming quarters.
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.
Photo of Wolftank Group
Describe more in press release https://tinyurl.com/y5a3bnp8
