Daldrup

EQS-News: Daldrup & Söhne AG welcomes BMWK and KfW initiative on insurance solutions for deep boreholes

Retrieved on: 
Wednesday, April 10, 2024
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Oberhaching / Ascheberg, 25 March 2024 - Daldrup & Söhne AG (ISIN DE0007830572), drilling technology and geothermal specialist, supports the initiative of the Federal Ministry of Economics and Technology (BMWK) and the KfW development bank to establish a state-supported insurance solution for the so-called exploration risk for deep geothermal wells.

Key Points: 
  • Oberhaching / Ascheberg, 25 March 2024 - Daldrup & Söhne AG (ISIN DE0007830572), drilling technology and geothermal specialist, supports the initiative of the Federal Ministry of Economics and Technology (BMWK) and the KfW development bank to establish a state-supported insurance solution for the so-called exploration risk for deep geothermal wells.
  • KfW loans can already be applied for the realisation of deep geothermal projects, but the securing of the discovery has not yet been included.
  • Andreas Tönies, CEO of Daldrup & Söhne AG, welcomes the BMWK's plans to insure exploration risks: "A state-backed insurance solution will remove a major hurdle for municipal and private clients of deep geothermal projects.
  • Together with well-known partners in the insurance industry, Daldrup & Söhne AG has developed a concept to cover exploration risks during the construction of deep geothermal projects.

EQS-News: Daldrup & Söhne AG increases EBIT by 15.3 % in H1

Retrieved on: 
Tuesday, October 17, 2023
Depreciation, EPS, EUR, EBITDA, Heat, EBIT, Tax, EAT, Geothermal energy, RTÉ Executive Board, ISIN, Research, Renewable energy, DACH, Daldrup

Despite the generally weak economic environment, the first half of 2023 was characterised by a positive operative development in all business areas for Daldrup & Söhne AG.

Key Points: 
  • Despite the generally weak economic environment, the first half of 2023 was characterised by a positive operative development in all business areas for Daldrup & Söhne AG.
  • To date, Daldrup & Söhne AG has invested around 0.5 million euros in its core business to increase efficiency.
  • Andreas Tönies, CEO of Daldrup & Söhne AG, comments on the half-year result: "The demand for drilling services for geothermal projects is increasing significantly.
  • This puts the drilling services of Daldrup & Söhne AG in a key position in the heat turnaround.

EQS-News: ​​​​​​​Daldrup & Söhne AG increases EBIT by 12.5 % in 2022

Retrieved on: 
Friday, June 2, 2023
Saskatchewan River Sturgeon Management Board, Tax, Commercial code, EBIT, Geothermal energy, Daldrup, EUR, BMWK, Investment, Annual report, Corporation, ISIN, Heat, EPS, HGB, Environment, Renewable energy

The EBIT margin, based on total operating performance, was thus 5.0 % (3.4 %), in line with the forecast issued for the year under review (4 to 6 %).

Key Points: 
  • The EBIT margin, based on total operating performance, was thus 5.0 % (3.4 %), in line with the forecast issued for the year under review (4 to 6 %).
  • As already communicated, the Group's total operating performance of EUR 36.9 million was around EUR 5 million below the original forecast.
  • Daldrup & Söhne AG has successfully continued its path of financial and operational consolidation in 2022.
  • Daldrup & Söhne AG's business model is largely independent of economic cycles and characterized by a long-term order environment for public services.