Wolftank Group Reports a 10% Sales Increase in Q1 2025

Wolftank Group AG has demonstrated noteworthy growth in the first quarter of 2025, achieving a 10% increase in sales amounting to EUR 25.7 million, up from EUR 23.4 million in Q1 2024. Despite challenging economic conditions, the company maintained its EBITDA at EUR 2.1m, consistent with the previous year. However, the EBIT saw a significant rise, doubling to EUR 0.6m compared to EUR 0.3m in Q1 2024.

The company successfully implemented a simplified segment structure, merging “Industrial Coatings & Maintenance” into the “Environmental Services” segment to enhance efficiency. This segment contributed EUR 22.6m to total sales, while the “Hydrogen & Renewable Energies” segment generated EUR 3.1m, driven by robust demand.

The order backlog increased substantially, rising from EUR 100m to EUR 152m, promising strong revenue prospects for future quarters. CEO Simon Reckla expressed confidence in the company's trajectory, citing the strengthened order backlog and streamlined organizational structure as key supports for ongoing growth.