Wolf­tank Group: New orga­niz­a­tio­nal struc­tu­re pre­sen­ted at today’s Annual General Meeting, strong upwind for sus­tainab­le energy solutions

Annual and Sus­taina­bi­li­ty Report 2021 with focus on com­mit­ment to circularity

Tur­naround 2021 suc­cess­ful­ly initia­ted with impro­ve­ment in key per­for­mance indicators

Good start into the year 2022

Wolf­tank Group (Wolf­tank-Adisa Holding AG, ISIN: AT0000A25NJ6) pre­sen­ted the new, power­ful set-up of its group orga­niz­a­ti­on at today's Annual General Meeting. As a leading global tech­no­lo­gy partner for energy and envi­ron­men­tal solu­ti­ons, the Group has sub­si­dia­ries in eight coun­tries on three con­ti­nents and pro­vi­des ser­vices to cus­to­mers in over 20 coun­tries. In order to fully exploit growth oppor­tu­nities and operate effi­ci­ent­ly across natio­nal and cor­po­ra­te bounda­ries, the ope­ra­ting busi­ness is now bundled in the five busi­ness units "Hydro­gen", "LNG", "Biogas", "Envi­ron­men­tal Ser­vices" and "Indus­tri­al Coa­tings". Ter­ri­to­ri­al "Senior Vice Pre­si­dents" are respon­si­ble for regio­nal manage­ment of the business.

Matteo Ciara­pi­ca was appoin­ted COO of Wolf­tank Group, in addi­ti­on to his func­tion as CEO of the Italian sub­si­dia­ry. Along­side Group CEO Peter Werth, he is respon­si­ble for the ope­ra­tio­nal busi­ness of the Group. CFO of Wolf­tank Group is Chris­ti­an Pukljak.

"The new inter­nal orga­niz­a­ti­on and expan­ded manage­ment team will help us manage our busi­ness across borders. It is another step on our growth path and will enable us to offer our pro­ducts and ser­vices for zero-emis­si­on energy supply in an inte­gra­ted way", says CEO Peter Werth. This will also further support the Group's tur­naround. The con­so­li­da­ted group key figures for 2021 already show a clear impro­ve­ment com­pa­red to the pan­de­mic year 2020: ope­ra­ting per­for­mance incre­a­sed by around one third to EUR 47.1 million (2020: EUR 35.5 million), sales have incre­a­sed from EUR 35.0 million in 2020 to EUR 44.6 million in 2021, an incre­a­se of 27%. EBITDA adjus­ted for extra­or­di­na­ry effects is EUR 2.6 million (EBITDA 2020: EUR 0.0 million). The adjus­ted ope­ra­ting result EBIT comes to EUR minus 0.16 million, after EUR minus 2.0 million in 2020. Net debt was reduced from EUR 19.8 million in 2020 to EUR 11.4 million in 2021.

Sus­taina­bi­li­ty as core business

Wolf­tank Group's Annual and Sus­taina­bi­li­ty Report was publis­hed today at the Annual General Meeting. The company, a tech­no­lo­gy pro­vi­der with a strong focus on sus­tainab­le energy and envi­ron­men­tal solu­ti­ons, places an empha­sis on cir­cu­la­ri­ty in it. Sus­taina­bi­li­ty is inte­gra­ted into every aspect of Wolf­tank Group. An ESG rating from Asset Impact clas­si­fies Wolf­tank Group as "very sus­tainab­le". Fol­lowing the publi­ca­ti­on of the first sus­taina­bi­li­ty report in the pre­vious year, con­stant and coor­di­na­ted ESG manage­ment was rolled out across the Group, along with a dedi­ca­ted stra­te­gy. The com­pre­hen­si­ve, inte­gra­ted Sus­taina­bi­li­ty Report 2021 was pre­pa­red on the basis of GRI stan­dards. The report is publis­hed in English and avail­ab­le here.

Boos­ting ahead into 2022

With strong part­ners­hips, such as most recent­ly with Molgas, the Q8 Group, the gas sup­plier Snam and the leading telecoms pro­vi­der TIM, the Group is further expan­ding its posi­tio­ning in the field of rene­wa­ble ener­gies. As a knock-on effect of the COVID 19 pan­de­mic, pro­ces­ses such as digi­ta­liz­a­ti­on, working from home and envi­ron­ment­al­ly friend­ly mobi­li­ty have radi­cal­ly acce­le­ra­ted and are also paying tribute in terms of climate pro­tec­tion. The war in Ukraine is also streng­t­he­ning the resolve of many coun­tries to invest in alter­na­ti­ve energy solu­ti­ons and reduce their depen­dence on fossil fuels. Strong market growth is fore­cast for LNG and hydro­gen refu­e­ling sta­ti­ons, com­bi­ned with the cor­re­spon­ding need for pro­duc­tion and logistics infrastructure.

Wolf­tank Group has decades of exper­ti­se in these areas: its key com­pe­ten­ci­es include, for example, the storage of fuels at cryo­ge­nic tem­pe­ra­tures and high pres­su­re, as well as the manage­ment of necessa­ry process soft­ware for com­pres­si­on, tem­pe­ra­tu­re control and refu­e­ling facilities.

"This speed of change is a great oppor­tu­ni­ty for us as Wolf­tank Group. We have started into 2022 with a boost and will actively exploit all the oppor­tu­nities that the markets offer. With this, we are con­sist­ent­ly imple­men­ting our growth path step by step," 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.

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Wolf­tank Group: New orga­niz­a­tio­nal struc­tu­re pre­sen­ted at today's Annual General Meeting, strong upwind for sus­tainab­le energy solutions

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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.