EQS-News: Wolftank Group sets strategic course for further growth
EQS-News: Wolftank Group AG / Key word(s): Strategic Company
Decision/Personnel
Wolftank Group sets strategic course for further growth
15.10.2024 / 20:45 CET/CEST
The issuer is solely responsible for the content of this announcement.
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Wolftank Group sets strategic course for further growth
Wolftank Group AG (ISIN: AT0000A25NJ6), a leading provider of
environmental and energy solutions, is focusing on the Group’s long-term
strategy following its best half-year results to date and strong future
prospects. In recent months, the company’s economic and geographical
strengths have been identified in a structured analysis process. Wolftank
Group’s Strategy Advisory Board, which was recently established and is
made up of high-ranking experts from various sectors, is now starting its
work. Together with the Executive Board, it will develop the growth
strategy for the coming years and define the guidelines for expansion,
innovation and risk management. This will further strengthen the company’s
competitive advantage in the transformation process of the energy and
environmental services markets.
“We are delighted that Peter Werth has agreed to take on the role as
Chairman of the Strategy Board. With great skill and commitment, he has
developed Wolftank from a small niche player into a globally active group
over the past decade. We are convinced that the company will continue its
success story also over the next ten years with its strategic focus on
clearly defined growth areas,” says Markus Wenner, Chairman of the
Supervisory Board of Wolftank Group.
“Through the consistent implementation of our buy-and-build strategy,
operational excellence in the core business areas and strong, agile
leadership, my team and I have massively expanded our market position and
increased our market capitalization tenfold since 2014. Today, we are
stronger than ever before and continue to see enormous potential,” says
CEO Peter Werth. “After ten years of operational responsibility and also
as a major shareholder, it is important to me that Wolftank continues its
successful course in the energy and environmental sector, seizes new
opportunities and creates sustainable value.”
Peter Werth’s term on the Executive Board will end as planned after ten
years on 31 December 2024. He will hand over operational responsibility
and, as founding shareholder and Chairman of the Strategy Advisory Board,
focus on the strategic development of the Group. The Executive Board
responsibilities will therefore be redistributed: Board member Simon
Reckla will take over as CEO of Wolftank Group on 1 January 2025, while
CFO Christian Pukljak will remain responsible for the Group’s finances.
Reckla was appointed to the Executive Board in July 2023. He joined
Wolftank Group in October 2022 after international assignments and various
management positions at crane manufacturer Palfinger. “The existing and
future management team has done an excellent job in recent years and
brings both a high level of expertise and the necessary continuity to
implement our strategic plans in a targeted manner. The well-filled order
books and the unbroken high demand create an excellent starting position
for this,” concludes Peter Werth.
About Wolftank Group
Wolftank Group is a leading technology partner for energy and
environmental solutions operating worldwide. In the field of energy
mobility and logistics, the Group supports customers in more than 20
countries to implement projects in an efficient and environmentally
friendly way. For this, it develops and implements tomorrow’s technologies
to decarbonize transport and build the infrastructure for zero-emission
mobility – such as turnkey delivery of modular hydrogen and LNG refueling
facilities. In the area of environmental solutions, the offering includes
due diligences for environmental risks, customized services for soil and
groundwater remediation, as well as recycling. The group’s subsidiaries in
eight countries on three continents are managed by Wolftank Group AG,
based in Innsbruck, Austria. The share of Wolftank Group AG (WKN: A2PBHR;
ISIN: AT0000A25NJ6) is listed in the direct market plus segment of the
Vienna Stock Exchange and in the m:access of the Munich Stock Exchange and
is traded on Xetra, the Frankfurt and Berlin Stock Exchanges. Further
information: [1] www.wolftankgroup.com
Contact:
Wolftank Group Investor Relations
phone: +43 512 345726
email: [2]investor-relations@wolftankgroup.com
Disclaimer:
This communication contains forward-looking statements based on current
knowledge, expectations, and projections of Wolftank Group AG’s management
about the future. All statements are subject to potentially uncertain
assumptions and risks that could cause actual results to differ materially
from those expressed or implied by such statements. Such statements can be
identified using words such as “expect”, “plan”, “anticipate”, “target”,
“estimate”, “assume” or similar. Consequently, statements relating to the
future are only valid at the time they are made. The Company does not
assume any obligation to adjust, correct or monitor statements made in
this communication in the future.
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15.10.2024 CET/CEST This Corporate News was distributed by EQS Group AG.
www.eqs.com
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Language: English
Company: Wolftank Group AG
Grabenweg 58
6020 Innsbruck
Austria
Phone: +43 512 345726
E-mail: investor-relations@wolftankgroup.com
Internet: www.wolftankgroup.com
ISIN: AT0000A25NJ6
WKN: A2PBHR
Listed: Vienna Stock Exchange (Vienna MTF)
EQS News ID: 2009079
Weitere Handelsplätze: München Freiverkehr m:access Frankfurt Freiverkehr,
XETRA
End of News EQS News Service
2009079 15.10.2024 CET/CEST
References
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2. investor-relations@wolftankgroup.com
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