2G Energy AG: Management Board increases sales forecast for 2022 to EUR 280 to 310 million (previously EUR 260 to 290 million)
January 19, 2022 at 07:43 pm IST
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DGAP-Ad-hoc: 2G Energy AG / Key word(s): Change in Forecast
2G Energy AG: Management Board increases sales forecast for 2022 to EUR 280 to 310 million (previously EUR 260 to 290 million)
19-Jan-2022 / 15:11 CET/CEST
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Inside information acc. to Article 17 MAR
Heek, January 19, 2022
2G Energy AG: Management Board increases sales forecast for 2022 to EUR 280 to 310 million (previously EUR 260 to 290 million)
2G Energy AG (ISIN DE000A0HL8N9), one of the leading international manufacturers of gas-fired combined heat and power (CHP) plants, is raising its net sales forecast for the current fiscal year to EUR 280 to 310 million. Previously, sales revenues were expected to be in a range between EUR 260 to 290 million.
The Executive Board justifies the increased sales expectation in particular with a very strong order intake in the fourth quarter of 2021 amounting to EUR 52.1 million (previous year: EUR 36.8 million), as a result of which the order backlog at the beginning of the current year is above EUR 150 million according to preliminary figures (previous year: EUR 111.2 million).
19-Jan-2022 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de
2G Energy AG is a Germany-based company that operates in the energy sector. It designs, produces and installs complete solutions for decentralized power supply. The Company operates combined heat and power (CHP) systems powered by biogas, sewage gas and landfill gas. It offers generators for households, as well as for commercial and industrial customers. 2G Energy, and also provides after sale customer services. The Company operates through a number of subsidiaries including 2G Italia Srl and 2G Home GmbH, 2G Drives GmbH, 2G Polska Sp z oo, 2G Solutions SL, 2G Energy Inc, 2G Rental GmbH, 2G Energy Ltd and 2G Energietechnik GmbH, which is responsible for planning, marketing, producing and installing the Company's systems.