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.

   ══════════════════════════════════════════════════════════════════════════

   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][email protected]

   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.

   ══════════════════════════════════════════════════════════════════════════

   17.09.2026 CET/CEST This Corporate News was distributed by [3]EQS Group

   View original content: [4]EQS News

   ══════════════════════════════════════════════════════════════════════════

   Language:    English
   Company:     Wolftank Group AG
                Leopoldstraße 2
                6020 Innsbruck
                Austria
   Phone:       +43 512 345726
   E-mail:      [email protected]
   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


   2400512  17.09.2026 CET/CEST

   https://nwr.eqs-cockpit.com/fncls2.ssx?application_id=2400512&application_name=news&site_id=apa_ots_austria~~~18b544d0-9c71-4160-bd95-cc8b9aff9fbf

References

   Visible links
   1. https://nwr.eqs-cockpit.com/fncls2.ssx?fn=redirect&url=196d7e204b120a4332efb25c48dab20f&application_id=2400512&site_id=apa_ots_austria~~~18b544d0-9c71-4160-bd95-cc8b9aff9fbf&application_name=news
   2. mailto:[email protected]
   3. https://nwr.eqs-cockpit.com/fncls2.ssx?fn=redirect&url=f5d50dc7e8798b6eb177f7955e598e60&application_id=2400512&site_id=apa_ots_austria~~~18b544d0-9c71-4160-bd95-cc8b9aff9fbf&application_name=news
   4. https://nwr.eqs-cockpit.com/fncls2.ssx?fn=redirect&url=6319959b0c9db284754a8c3c14336d14&application_id=2400512&site_id=apa_ots_austria~~~18b544d0-9c71-4160-bd95-cc8b9aff9fbf&application_name=news

OTS-ORIGINALTEXT PRESSEAUSSENDUNG UNTER AUSSCHLIESSLICHER INHALTLICHER VERANTWORTUNG DES AUSSENDERS - WWW.OTS.AT |

print