EQS-News: Wolftank Group returns to profit in the first half of 2026
EQS-News: Wolftank Group returns to profit in the first half of 2026
EQS-News: Wolftank Group AG / Key word(s): Half Year Results
Wolftank Group returns to profit in the first half of 2026
17.09.2026 / 09:00 CET/CEST
The issuer is solely responsible for the content of this announcement.
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Wolftank Group returns to profit in the first half of 2026
• Sales increase to EUR 67.4m (H1 2025: EUR 60.8m, +10.9%)
• EBITDA at EUR 5.9m (H1 2025: EUR -2.6m), EBITDA margin at 8.8% (H1
2025: -4.3%)
• EBIT at EUR 3.5m, EBIT margin of 5.2% (H1 2025: EUR -5.1m, -8.4%)
• Profit after tax turns positive at EUR 1.3m (H1 2025: EUR -5.9m)
• Cash flow from operating activities improves to EUR 7.0m (H1 2025: EUR
4.6m), net debt at EUR 15.3m (December 31, 2025: EUR 18.9m)
• 2026 guidance confirmed: sales of approximately EUR 135m, EBITDA
margin of 6-7%
Wolftank Group AG (ISIN: AT0000A25NJ6), a leading provider of
environmental technologies and emission-free infrastructure solutions,
achieved a significant earnings improvement in the first half of 2026.
Sales rose by 10.9% to EUR 67.4m (H1 2025: EUR 60.8m). Earnings before
interest, taxes, depreciation and amortization (EBITDA) turned positive at
EUR 5.9m, compared with EUR -2.6m in the prior-year period. The EBITDA
margin reached 8.8% (H1 2025: -4.3%). Earnings before interest and taxes
(EBIT) amounted to EUR 3.5m, corresponding to a margin of 5.2% (H1 2025:
EUR -5.1m, or -8.4%). Profit before tax came in at EUR 2.5m (H1 2025: EUR
-6.1m), and profit after tax at EUR 1.3m (H1 2025:
EUR -5.9m).
The prior year was marked by a one-time provision related to legal
proceedings in Italy, which have since been concluded through a
settlement. The improvement in the first half of 2026, however, goes
beyond the absence of this one-off effect and is to a significant extent
attributable to the efficiency measures implemented. The first quarter
additionally benefited from the final invoicing of a major project in
Austria and from high-margin environmental emergency response operations
in Italy. Underlying operating performance was consistent across both
quarters.
Order intake in the first half amounted to EUR 58.3m (H1 2025: EUR 83.7m),
following the rhythm of public tenders and contract awards in the Group’s
project-based business, where individual large contracts significantly
influence period-to-period comparisons. The order backlog stood at
approximately EUR 118m as of 30 June 2026, continuing to provide
visibility for the remainder of the financial year. “In the first half, we
delivered what we announced for 2026: the return to operating
profitability. The earnings improvement comes from multi-year projects
successfully completed and invoiced, from our cost discipline and from a
more efficient organization. At the same time, we are consistently
advancing the implementation of our long-term strategy”, says Simon
Reckla, CEO of Wolftank Group.
Segments
In the Environmental Services segment, sales rose by 26.2% to EUR 56.9m
(H1 2025: EUR 45.1m). EBITDA improved to EUR 4.0m, corresponding to a
margin of 7.0% (H1 2025: EUR -2.4 m, -5.3%). The development was driven by
new framework agreements in Italy and continued demand for environmental
emergency response: in the first six months, the Group carried out more
than 100 emergency interventions in Italy, a business line that is largely
independent of investment cycles. Newly concluded framework agreements for
environmental services and for soil and groundwater remediation in Italy
are multi-year in nature and improve planning visibility beyond the
current financial year.
In the Hydrogen & Renewable Energies segment, sales amounted to EUR 10.5m
(H1 2025: EUR 15.7m). In the hydrogen project business, revenue is
recognized upon reaching the contractual milestones and acceptance by the
customer. Several hydrogen refueling stations were in commissioning as of
the reporting date, and the work performed in the first half is therefore
not yet reflected in sales – changes in inventories of EUR 9.3m, however,
brought the segment’s total operating performance to EUR 19.8m. EBITDA
improved to EUR 1.9m and the EBITDA margin of operating revenue to 9.5%
(H1 2025: EUR -0.2m, -1.2%).
Balance Sheet and Cash Flow
As of 30 June 2026, Group equity amounted to EUR 23.9m (31 December 2025:
EUR 22.9m), and the equity ratio improved to 19.8% (31 December 2025:
18.8%). Net debt stood at EUR 15.3m (31 December 2025: EUR 18.9m). Total
assets amounted to EUR 120.9m (31 December 2025: EUR 122.1m). Cash flow
from operating activities rose to EUR 7.0m (H1 2025: EUR 4.6m). Cash flow
from investing activities was EUR -2.1m (H1 2025: EUR -2.7m), and cash
flow from financing activities EUR -4.2m (H1 2025:
EUR -0.1m).
GreenLead 2030
In line with its GreenLead 2030 strategy, the Group is advancing three
core innovation fields. In PFAS remediation, initial screenings at legacy
sites were launched in the first half and sampling was expanded. In
parallel, methods for removing PFAS and research partnerships are being
evaluated. Together with academic partners, the Group is also
investigating pollutant-accumulating and pollutant-degrading
algae-bacteria cultures for the treatment of oil-contaminated water. A
patent application has been filed for a new, fully remote-operated
cleaning robot for large above-ground tanks, with a prototype expected to
be ready for initial pilot projects by year-end. The process to obtain
ATEX Zone 0 certification for the Group’s established cleaning robot is
under way. Following the cooperation agreement with High Impact Technology
concluded in May 2026, initial use cases and pilot projects in the defense
and critical infrastructure sectors are being prepared in the United
States. First financial contributions of these initiatives are expected
from 2027 onward.
Outlook
The economic environment remains volatile for the remainder of the year.
The conflict in the Middle East, fluctuating energy prices and continued
strains on global supply chains are weighing on business sentiment across
Europe. At the same time, the increasingly stringent regulatory
environment in the core markets supports structural demand: the revised EU
Drinking Water Directive introduced binding PFAS limits from January 2026,
and the EU’s Alternative Fuels Infrastructure Regulation requires a
hydrogen refueling station at least every 200 km along the TEN-T core road
network by the end of 2030.
In Italy, project execution remains dependent on public budget cycles and
tender activity. In the Hydrogen & Renewable Energies segment, project
volume is expected to decline following the end of the PNRR funding phase,
with privately and alternatively financed projects only partially
compensating for this. In Germany, Wolftank Group has submitted several
project applications under the NOW and BayFELI funding programs, with
initial decisions expected in the second half of 2026.
Based on these developments, Wolftank Group confirms its full-year 2026
guidance of approximately EUR 135m in sales and an EBITDA margin of 6-7%.
Over the medium term, the Group targets sales of EUR 250m and an EBITDA
margin of 12% under GreenLead 2030.
“Demand for the build-out of hydrogen infrastructure in Europe is shifting
toward heavy-duty trucks, buses and fleets. While such projects depend
heavily on European and national funding programs and their deadlines,
Wolftank Group is strongly positioned as a technology and infrastructure
provider”, says Reckla. “For the second half of the year, we are preparing
for rising energy prices and a more cautious investment approach among our
industrial customers. We are addressing this through cost discipline and
the selective prioritization of value-creating projects. Our focus remains
on consolidation, profitability and organic growth”, concludes CEO Simon
Reckla.
Key Financial Highlights
1-6/2026 1-6/2025
Sales (EUR m) 67.4 60.8
EBITDA (EUR m) 5.9 -2.6
EBITDA margin (%) 8.8% -4.3%
EBIT (EUR m) 3.5 -5.1
EBIT margin (%) 5.2% -8.4%
Profit before tax (EUR m) 2.5 -6.1
Profit after tax (EUR m) 1.3 -5.9
Cash flow from operating activities (EUR m) 7.0 4.6
Net debt (EUR m) 15.3 18.9*
Equity ratio (%) 19.8% 18.8%*
*As of 31 December 2025
About Wolftank Group
Wolftank Group is a leading provider of environmental technologies in the
green-tech sector. Its core business includes due diligence services for
environmental risks, customized solutions for soil and groundwater
remediation, recycling and recovery processes, and low-emission
technologies. The Group’s subsidiaries in seven countries across three
continents are managed by Wolftank Group AG, headquartered in Innsbruck.
Wolftank Group AG shares (WKN: A2PBHR; ISIN: AT0000A25NJ6) are listed in
the direct market plus segment of the Vienna Stock Exchange and in the
m:access segment of the Munich Stock Exchange, and are traded on Xetra as
well as on the Frankfurt and Berlin stock exchanges. Further information:
[1] www.wolftankgroup.com
Contact:
Wolftank Group Investor Relations
phone: +43 512 345726
Email: [2]investor-relations@wolftankgroup.com
Disclaimer:
This communication contains statements that relate to the future and are
based on the current knowledge, expectations, and predictions of the
management of Wolftank Group AG. All statements are subject to potentially
uncertain assumptions and risks that may result in a significant deviation
from the statements or results communicated directly or indirectly. Such
statements can be identified by the use of words such as „expect“, „plan“,
„anticipate“, „target“, „estimate“, „assume“ or similar. Consequently,
statements relating to the future are only valid at the time they were
made. The company assumes no obligation to adjust or correct statements in
this announcement in the future or to verify statements made in this press
release in the future.
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17.09.2026 CET/CEST This Corporate News was distributed by [3]EQS Group
View original content: [4]EQS News
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Language: English
Company: Wolftank Group AG
Leopoldstraße 2
6020 Innsbruck
Austria
Phone: +43 512 345726
E-mail: investor-relations@wolftankgroup.com
Internet: www.wolftankgroup.com
ISIN: AT0000A25NJ6
WKN: A2PBHR
Listed: Vienna Stock Exchange (Vienna MTF)
LEI Code: 5299001G2MZ6VQ2K4Z89
EQS News ID: 2400512
Weitere Handelsplätze: München Freiverkehr m:access Frankfurt Freiverkehr,
XETRA
End of News EQS News Service
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