EQS-News: FRIEDRICH VORWERK confirms financial figures for the 2024 financial year, proposes a dividend of €0.30 per share and plans to continue its growth trajectory in 2025

31.03.25 07:30 Uhr

Werte in diesem Artikel
Aktien

52,90 EUR 4,30 EUR 8,85%

EQS-News: FRIEDRICH VORWERK Group SE / Key word(s): Annual Results/Forecast
FRIEDRICH VORWERK confirms financial figures for the 2024 financial year, proposes a dividend of €0.30 per share and plans to continue its growth trajectory in 2025

31.03.2025 / 07:30 CET/CEST
The issuer is solely responsible for the content of this announcement.

Wer­bung


FRIEDRICH VORWERK confirms financial figures for the 2024 financial year, proposes a dividend of €0.30 per share and plans to continue its growth trajectory in 2025

Tostedt, 31 March 2025 - FRIEDRICH VORWERK Group SE (ISIN DE000A255F11), a leading provider of energy infrastructure solutions for gas, electricity and hydrogen applications, confirms its preliminary key financial figures for the 2024 financial year in its annual report published today. According to the report, the company generated revenues of €498.4 million (previous year: €373.4 million) and EBITDA of €80.5 million (previous year: €32.0 million), which corresponds to an EBITDA margin of 16.2%. Compared to the previous year, the margin increased by 7.6 percentage points (previous year: 8.6%). Cash and cash equivalents as at 31 December 2024 amounted to €176.6 million, exceeding the previous year's figure of €58.6 million by €118 million. Net liquidity at the end of the year totaled €154.3 million (previous year: €42.1 million). In light of the excellent performance, a dividend of €0.30 per share will be proposed to the Annual General Meeting on 2 June 2025.

Wer­bung

The company's order situation remains extremely positive in the context of the advancing energy transition. At €685.2 million, order intake in the 2024 financial year reached the second-highest level in the company's history, with a large proportion of the record figure of €1,059.1 million in the previous year being attributable to the individual project A-Nord with an order value of around €600 million. The order backlog totaled €1,187.7 million at the end of the year (previous year: €1,000.8 million). Due to the excellent order situation, the Management Board expects the growth trajectory to continue in the 2025 financial year and anticipates revenues of €540-570 million. Based on the high-quality order backlog, the Management Board expects the EBITDA margin to be in the range of 16-17%.

In order to achieve complete climate neutrality by 2050, the European energy infrastructure is facing a fundamental transformation. In addition to a significant expansion of the electricity grid, for which an investment volume of around €320 billion is planned in Germany alone by 2045, the expansion of the hydrogen infrastructure is also rapidly gaining momentum. For example, a hydrogen core network over 9,040 km long is to be created in Germany by 2032, for which the network operators anticipate investments of €19.8 billion. Of this, around €13.1 billion will be spent on new hydrogen pipelines. Following the EU state aid approval of the IPCEI "Hy2Infra" projects in 2024, numerous large-scale projects are currently being implemented, which are associated with considerable market potential for FRIEDRICH VORWERK. Against this backdrop, the company continues to anticipate strong growth in demand across all its target markets.

Wer­bung

The full 2024 annual report is available at www.friedrich-vorwerk-group.de 

 

Contact Details

FRIEDRICH VORWERK Group SE
Harburger Straße 19
21255 Tostedt
Tel +49 4182 – 2947 0
ir@friedrich-vorwerk.de
www.friedrich-vorwerk-group.de

Management Board
Torben Kleinfeldt (CEO)
Tim Hameister

Chairman of the Supervisory Board
Dr Christof Nesemeier

Court of Registration
District Court of Tostedt, registration number: HRB 208170

 



31.03.2025 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group.
The issuer is solely responsible for the content of this announcement.

The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com


Language: English
Company: Friedrich Vorwerk Group SE
Harburger Straße 19
21255 Tostedt
Germany
E-mail: ir@friedrich-vorwerk.de
Internet: www.friedrich-vorwerk-group.de
ISIN: DE000A255F11
WKN: A255F1
Listed: Regulated Market in Frankfurt (Prime Standard)
EQS News ID: 2108652

 
End of News EQS News Service

2108652  31.03.2025 CET/CEST

Ausgewählte Hebelprodukte auf FRIEDRICH VORWERK

Mit Knock-outs können spekulative Anleger überproportional an Kursbewegungen partizipieren. Wählen Sie einfach den gewünschten Hebel und wir zeigen Ihnen passende Open-End Produkte auf FRIEDRICH VORWERK

NameHebelKOEmittent
NameHebelKOEmittent
Wer­bung

Nachrichten zu FRIEDRICH VORWERK

Wer­bung

Analysen zu FRIEDRICH VORWERK

DatumRatingAnalyst
29.08.2024FRIEDRICH VORWERK HoldHauck Aufhäuser Lampe Privatbank AG
09.11.2023FRIEDRICH VORWERK HoldHauck & Aufhäuser Privatbankiers KGaA
15.11.2021FRIEDRICH VORWERK BuyHauck & Aufhäuser Privatbankiers KGaA
DatumRatingAnalyst
15.11.2021FRIEDRICH VORWERK BuyHauck & Aufhäuser Privatbankiers KGaA
DatumRatingAnalyst
29.08.2024FRIEDRICH VORWERK HoldHauck Aufhäuser Lampe Privatbank AG
09.11.2023FRIEDRICH VORWERK HoldHauck & Aufhäuser Privatbankiers KGaA
DatumRatingAnalyst

Keine Analysen im Zeitraum eines Jahres in dieser Kategorie verfügbar.

Eventuell finden Sie Nachrichten die älter als ein Jahr sind im Archiv

Um die Übersicht zu verbessern, haben Sie die Möglichkeit, die Analysen für FRIEDRICH VORWERK nach folgenden Kriterien zu filtern.

Alle: Alle Empfehlungen

Buy: Kaufempfehlungen wie z.B. "kaufen" oder "buy"
Hold: Halten-Empfehlungen wie z.B. "halten" oder "neutral"
Sell: Verkaufsempfehlungn wie z.B. "verkaufen" oder "reduce"
mehr Analysen