Wolftank-Adisa Holding AG publishes preliminary group figures for 2018 and raises outlook for 2019

Wolftank-Adisa Holding AG, Innsbruck, today reported a preliminary consolidated sales figure of Euro 41.855 million, preliminary consolidated earnings before interest, taxes, depreciation and amortization (EBITDA) of Euro 2.79 million and preliminary consolidated earnings before interest and taxes (EBIT) of Euro 1.55 million for the financial year 2018.

The management around CEO Dr. Peter Werth also raises its topline forecast for this year (2019) to Euro 45 million from Euro 43 million originally, thanks to the good order backlog.

EBITDA and EBIT for fiscal 2019 are also expected to rise to Euro 4.4 million and Euro 2.9 million, respectively.

“Following our stock market introduction at the beginning of this year, we are pleased to announce that we exceeded our revenue targets for the year 2018 -despite a difficult market environment- by almost 6 million euro,” said Dr. Peter Werth. “Thanks to our strengthened equity base as a result of our stock-listing, the restructuring and realignment in Italy as well as the dynamic internationalisation of our activities, particularly in China, we are very confident that we can once again reach a record growth year in 2019 for the Wolftank-Adisa Group. Incoming orders and ongoing projects are confirming the continued high demand for our services in the tank refurbishment, soil remediation and environmental protection sectors,” continued Dr. Werth.

About Wolftank-Adisa Holding AG:

Wolftank-Adisa Holding AG is the parent corporation of an international group of companies focusing on the remediation and monitoring of (large-scale) tank farms and environmental protection services for contaminated soils and facilities. The patented application technology, based on high-tech, in-house developed epoxy resins, enables a cost-effective and rapid repair of defective tank systems, including remote monitoring.

Wolftank-Adisa Holding AG (ISIN: AT0000A25NJ6; WKN: A2PBHR) is trading on the Munich Stock Exchange and is also listed on the Vienna Stock Exchange in the direct market plus segment.

 

Here you find this corporate news as a download:

Related news
Stay up to date and subscribe to our newsletter
Your e-mail address is only used to send you our newsletter and information about the activities of Wolftank Group. You can always use the unsubscribe link included in the newsletter or by sending your inquiry to info@wolftankgroup.com.
Reach out to our team and get more information
Table of contents: Wolftank-Adisa Holding AG publishes preliminary group figures for 2018 and raises outlook for 2019