Market News · Equity Story · Friedrich Vorwerk Group SE

14 November 2024 07:00AM

FRIEDRICH VORWERK wins major contract for the realization of large sections of the EWA natural gas transmission pipeline in the high double-digit million range

DE000A255F11

FRIEDRICH VORWERK wins major contract for the realization of large sections of the EWA natural gas transmission pipeline in the high double-digit million range Tostedt, 14 November 2024 – Friedrich Vorwerk Group SE (ISIN DE000A255F11), a leading provider in the field of energy infrastructure, has been awarded a major contract by transmission syste...

Friedrich Vorwerk Group SE

Type	Total	Last	Made by	Go to
Corporate Research	0	-	-	Corporate Research
Directors Dealings	14	19^th November 2024	MBB Capital Management GmbH	DD
Short Seller (DE)	5	18^th March 2024	ActusRayPartners Limited	SSR (DE)
Short Seller (UK)	0	-	-	SSR (UK)

FRIEDRICH VORWERK wins major contract for the realization of large sections of the EWA natural gas transmission pipeline in the high double-digit million range

Corporate News Friedrich Vorwerk Group SE

FRIEDRICH VORWERK wins major contract for the realization of large sections of the EWA natural gas transmission pipeline in the high double-digit million range

FRIEDRICH VORWERK grows by 32% in the third quarter to €145m in revenues with an EBITDA margin of 17.5% and raises its 2024 forecast to €430-460m in revenues with an EBITDA margin of 14-15 %

FRIEDRICH VORWERK increases EBITDA by 121% in the second quarter with sales growth of 27% and raises forecast for 2024 to over € 410 million in sales with a profitability at the upper end of the range

FRIEDRICH VORWERK wins major contract for the realisation of three additional sections of the South German natural gas pipeline (SEL) with a volume in the high double-digit million range

FRIEDRICH VORWERK wins major contract for the realisation of three additional sections of the South German natural gas pipeline (SEL) with a volume in the high double-digit million range

FRIEDRICH VORWERK wins contract for the realization of the land cable connections in the offshore grid connection projects BalWin3 and LanWin4 with a volume well in the three-digit million range

FRIEDRICH VORWERK increases EBITDA by 21% to € 6.8 million in the first quarter, raising the EBITDA margin to 9% on revenues of € 76.7 million

FRIEDRICH VORWERK generates revenues of €373 million in 2023 with an EBITDA margin of 8.6% and expects further sales and earnings growth in 2024 with an order backlog of €1 billion

FRIEDRICH VORWERK increases revenue by 6% in the first nine months with an EBITDA margin of 7.4% and triples order intake to over €1 billion

FRIEDRICH VORWERK successfully completes phase 2 of the contract award procedure for the A-Nord underground cable route and thus enters directly into the execution phase

FRIEDRICH VORWERK grows first-half revenues by 16% to € 166 million with a lower EBITDA margin of 8% and adjusts forecast for 2023 financial year

FRIEDRICH VORWERK grows first-half revenues by 16% to € 166 million with a lower EBITDA margin of 8% and adjusts forecast for 2023 financial year

FRIEDRICH VORWERK increases order intake in the first quarter by 67 % to € 207 million with revenues of € 73 million and an EBITDA margin of 7.6 %

FRIEDRICH VORWERK increases order intake in the first quarter by 67 % to € 207 million with revenues of € 73 million and an EBITDA margin of 7.6 %

FRIEDRICH VORWERK concludes framework contract with TenneT for the execution of HDD drilling for offshore connection lines and receives first call order in the high double-digit million range

FRIEDRICH VORWERK concludes framework contract with TenneT for the execution of HDD drilling for offshore connection lines and receives first call order in the high double-digit million range

FRIEDRICH VORWERK wins contract for the realization of the land cable connection in the offshore grid connection project BorWin6

FRIEDRICH VORWERK wins contract for the realization of the land cable connection in the offshore grid connection project BorWin6

FRIEDRICH VORWERK confirms its financial figures for the 2022 financial year, proposes a dividend of €0.12 per share and extends the contracts of its Executive Board members

FRIEDRICH VORWERK confirms its financial figures for the 2022 financial year, proposes a dividend of €0.12 per share and extends the contracts of its Executive Board members

FRIEDRICH VORWERK grows revenues by 56% to €109 million in the fourth quarter of 2022, but reports a weak EBIT of €2.8 million due to high subcontractor costs

FRIEDRICH VORWERK grows revenues by 56% to €109 million in the fourth quarter of 2022, but reports a weak EBIT of €2.8 million due to high subcontractor costs

FRIEDRICH VORWERK increases revenues by 23.8 % to € 258.7 million in the first nine months with an EBIT margin of 12 %

FRIEDRICH VORWERK increases revenues by 23.8 % to € 258.7 million in the first nine months with an EBIT margin of 12 %

FRIEDRICH VORWERK signs contract with transmission system operator Amprion for the A-Nord underground cable route and enters the next project phase for the realisation of the new high-voltage line

FRIEDRICH VORWERK signs contract with transmission system operator Amprion for the A-Nord underground cable route and enters the next project phase for the realisation of the new high-voltage line

FRIEDRICH VORWERK increases order intake by 142% in the first half of the year, achieves revenues of €143 million with an adjusted EBIT margin of 10% and adjusts profitability forecast

FRIEDRICH VORWERK increases order intake by 142% in the first half of the year, achieves revenues of €143 million with an adjusted EBIT margin of 10% and adjusts profitability forecast

FRIEDRICH VORWERK wins major contract for the realisation of the connecting pipelines for the Brunsbüttel LNG terminal with a volume of more than € 120 million as part of a joint venture

FRIEDRICH VORWERK wins major contract for the realisation of the connecting pipelines for the Brunsbüttel LNG terminal with a volume of more than € 120 million as part of a joint venture

FRIEDRICH VORWERK wins contract for the realization of part of the connecting pipeline for the LNG terminal in Wilhelmshaven with a volume in the mid double-digit million range

FRIEDRICH VORWERK wins contract for the realization of part of the connecting pipeline for the LNG terminal in Wilhelmshaven with a volume in the mid double-digit million range

FRIEDRICH VORWERK switches energy supply of the Wiesmoor site to hydrogen and concludes cooperation agreement with stack manufacturer Hoeller Electrolyzer

FRIEDRICH VORWERK increases revenue by 11% in the first quarter with an adjusted EBIT margin of 9.2% and achieves record order intake of €124 million

FRIEDRICH VORWERK wins major contract for cable laying and cable logistics for the new high-voltage transmission line SuedLink

FRIEDRICH VORWERK achieves sales of €279 million with an adjusted EBIT margin of 16% in 2021 and expects significant sales growth in 2022

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

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

FRIEDRICH VORWERK increases adjusted EBIT by 8 % to € 33.7 million with stable sales

FRIEDRICH VORWERK acquires GOTTFRIED PUHLMANN and taps additional growth potential in the electricity and district heating market

FRIEDRICH VORWERK receives order worth €50 million for realization of Legden compressor station

FRIEDRICH VORWERK increases adjusted EBIT by 49% to €21.3 million in the first half of the year with stable sales and gives forecast for 2021

FRIEDRICH VORWERK grows adjusted EBIT in first quarter by 53% with lower revenue due to weather conditions

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