Tostedt

DGAP-News: FRIEDRICH VORWERK wins contract for the realization of district heat pipeline in Hamburg worth €70 million

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Tuesday, February 1, 2022

Tostedt, 1 February 2022 - Friedrich Vorwerk Group SE (ISIN DE000A255F11), a leading supplier in the field of energy infrastructure, wins significant parts of the major contract for the realization of the new district heating pipeline "Fernwrmesystemanbindung-West" (FWS-West) in Hamburg.

Key Points: 
  • Tostedt, 1 February 2022 - Friedrich Vorwerk Group SE (ISIN DE000A255F11), a leading supplier in the field of energy infrastructure, wins significant parts of the major contract for the realization of the new district heating pipeline "Fernwrmesystemanbindung-West" (FWS-West) in Hamburg.
  • The contract is worth more than 70 million.
  • After the district heating pipeline in Bremen, FRIEDRICH VORWERK has thus secured the next future-oriented major project for the sustainable decarbonization of building heat ("Wrmewende") in large metropolitan regions.
  • With the planned district heating pipeline, FRIEDRICH VORWERK can once again demonstrate its excellent technology and implementation expertise for district heating systems.

DGAP-News: FRIEDRICH VORWERK wins contract for the realization of district heat pipeline and station in Bremen worth more than € 45 million

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Thursday, January 13, 2022

Tostedt, 13 January 2022 - Friedrich Vorwerk Group SE (ISIN DE000A255F11), a leading supplier in the field of energy infrastructure, wins the major contract for the realization of the district heat interconnector pipeline and the associated block station in Bremen with an order volume of more than 45 million, thus demonstrating FRIEDRICH VORWERK's excellent technology and implementation competence in the field of district heating.

Key Points: 
  • Tostedt, 13 January 2022 - Friedrich Vorwerk Group SE (ISIN DE000A255F11), a leading supplier in the field of energy infrastructure, wins the major contract for the realization of the district heat interconnector pipeline and the associated block station in Bremen with an order volume of more than 45 million, thus demonstrating FRIEDRICH VORWERK's excellent technology and implementation competence in the field of district heating.
  • The planned district heat interconnector pipeline forms a key component of the successful heat transition ("Wrmewende") in the city of Bremen by transporting climate-friendly district heat generated in the waste-to-energy plant Bremen to neighboring urban areas.
  • The new interconnector will enable a replacement of coal powered heat currently generated at the Hastedt power plant.
  • In addition to the district heat pipeline, FRIEDRICH VORWERK was also awarded the planning and realization of the block station that will distribute the district heat and ensure the necessary pressure levels within the system.

DGAP-News: FRIEDRICH VORWERK increases adjusted EBIT by 8 % to € 33.7 million with stable sales

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Friday, November 12, 2021

Tostedt, 12 November 2021 - Friedrich Vorwerk Group SE (ISIN DE000A255F11), a leading provider of energy infrastructure solutions for gas, electricity and hydrogen applications, increased its adjusted EBITDA by 9.7% year-on-year to 43.1 million and adjusted EBIT by 7.8% to 33.7 million in the first nine months of 2021.

Key Points: 
  • Tostedt, 12 November 2021 - Friedrich Vorwerk Group SE (ISIN DE000A255F11), a leading provider of energy infrastructure solutions for gas, electricity and hydrogen applications, increased its adjusted EBITDA by 9.7% year-on-year to 43.1 million and adjusted EBIT by 7.8% to 33.7 million in the first nine months of 2021.
  • At 208.9 million, sales after nine months were slightly down on the previous year's figure of 221.4 million.
  • This project delay also contributed significantly to the decrease in sales in the third quarter by 7.7 million to the current figure of 76.3 million.
  • It is therefore pleasant that the forecast adjusted EBIT margin of 16.0% was slightly exceeded in the third quarter at 16.2%.

DGAP-News: FRIEDRICH VORWERK receives order worth €50 million for realization of Legden compressor station

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Monday, September 27, 2021

Tostedt, 27 September 2021 - FRIEDRICH VORWERK Group SE (ISIN DE000A255F11), a leading supplier of energy infrastructure, announces the acquisition of a major order worth over 50 million for the realization of the Legden compressor station.

Key Points: 
  • Tostedt, 27 September 2021 - FRIEDRICH VORWERK Group SE (ISIN DE000A255F11), a leading supplier of energy infrastructure, announces the acquisition of a major order worth over 50 million for the realization of the Legden compressor station.
  • The planned compressor station is part of the ZEELINK project, one of Germany's most important energy infrastructure projects in recent years, which plays a central role in the required transition from low-calorific to high-calorific gas.
  • Having already participated in the laying of the 216 km long natural gas pipeline ZEELINK and the construction of a major compressor station in Wrselen, FRIEDRICH VORWERK was hence involved in all major components of the ZEELINK project.
  • For a possible additional stage, the station can be extended by a compressor unit and corresponding connecting lines.

Kamux Continues to Expand its Footprint in Germany -- Showroom no. 6 to be Opened in Heide

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Thursday, May 9, 2019

Kamux is further expanding its operations in Germany by opening a new showroom in Heide during the early autumn in 2019.

Key Points: 
  • Kamux is further expanding its operations in Germany by opening a new showroom in Heide during the early autumn in 2019.
  • The Heide showroom is about 50 minutes drive away from Kamux's Nedderfeld Hamburg and Elmshorn showrooms.
  • We have a clear focus in our expansion and we are well positioned in northern Germany to drive growth.
  • I am delighted with our upcoming showroom launches in Tostedt and Heide and our pace of expansion," says Oliver Michels, German Country Director.