Wolftank Group AG, a provider of environmental technologies and emission-free infrastructure solutions, reported a 7.6% year-on-year increase in consolidated sales to EUR 29.9 million in the third quarter of 2025, up from EUR 27.8 million in Q3 2024. The company also achieved an operational turnaround on a quarterly basis, with adjusted EBITDA of EUR 1.1 million, compared to a loss in previous periods. Key drivers included strict cost discipline, an improved product and project mix, and the resumption of operations at a recycling plant that had been shut down for maintenance until August.
Wolftank made further progress in streamlining its organizational structure and withdrew from Latin America. The deconsolidation of the Brazilian subsidiary resulted in a positive one-time effect of EUR 1.1 million. Including this effect, EBITDA in Q3 2025 amounted to EUR 2.2 million, compared to EUR 2.3 million in the same period last year. CEO Simon Reckla stated, "The results in the third quarter confirm the course we have taken. By streamlining our structure, maintaining strict cost management, and strengthening our profitable business areas, we were able to achieve an operational turnaround in the past quarter."
For the first nine months of 2025, Wolftank achieved consolidated sales of EUR 90.7 million, compared with EUR 89.8 million in the same period of the previous year. In the Environmental Services segment, sales amounted to EUR 72.5 million, a decrease of 6.2% from EUR 77.3 million. However, the Hydrogen and Renewable Energy segment saw a 45.6% increase in sales to EUR 18.2 million, driven by strong demand for emission-free infrastructure. Adjusted EBITDA for the first nine months was EUR 1.0 million, and adjusted EBIT was EUR -2.9 million. Adjustments included a one-time provision of EUR 2.5 million for a first-instance ruling regarding a compensation payment to a customer in Italy, as well as the deconsolidation effect from Latin America.
Wolftank maintains a high order backlog of EUR 150 million, which the company says forms the basis for achieving its goals and implementing its recently presented GreenLead 2030 strategy. CEO Simon Reckla emphasized the focus on developing new growth areas, including innovative solutions for battery recycling, PFAS decontamination, and automated tank remediation. The company confirms its 2025 forecast, expecting revenues in the range of EUR 121 million to EUR 123 million and adjusted EBITDA in the range of EUR 1.5 million to EUR 3.0 million.
More information is available at www.wolftankgroup.com. The original release can be viewed on www.newmediawire.com.
