News
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PRESS RELEASE
2G Energy AG noticeably improves cost of materials ratio in the first quarter and substantially increases EBIT
2G Energy AG improves the cost of materials ratio to 64.5% in Q1, with EBIT increasing significantly to EUR 0.9 million. Sales revenues reach EUR 69.5 million. Management Board affirms outlook for current and coming year -
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PRESS RELEASE
2G Energy AG boosts EBIT by 26 % to EUR 27.6 million in 2023 (previous year: EUR 22.0 million)
2G Energy AG reports EBIT growth of 26% to EUR 27.6 million in 2023, with improved margins and increased sales revenue. Management raises 2024 forecast to EUR 360 million and expects continued margin improvement -
PRESS RELEASE
2G Energy AG increases 2023 net sales to around EUR 365 million according to preliminary figures (previous year: EUR 312.6 million, +17 %)
2G Energy AG reports a 17% increase in 2023 net sales to approximately EUR 365 million, with significant growth in new plants and service segments. Germany is the main sales driver with a 25% increase -
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PRESS RELEASE
2G Energy AG raises net sales guidance for 2025 to up to EUR 450 million (previously EUR 390 million to EUR 430 million)
2G Energy AG has raised its net sales guidance for 2025 to up to EUR 450 million, reflecting a 28% growth in new order intake in Q4 2023 and the acquisition of projects in Asia, Australia, and South and Central America. The company's expansion into new markets and its focus on technological diversification contribute to the strong sales performance. With a continued turnaround in new order intake and the gradual overcoming of prevailing uncertainty in European and US markets, 2G Energy AG confirms its previous guidance for 2024 for net sales (up to EUR 390 million) and EBIT (8.5-10.0%), while expecting accelerated net sales growth in 2025. The company's comprehensive solutions and products position it at the forefront of decentralized, secure, and decarbonized energy supply. -