Friedrich Vorwerk - The Infrastructure Specialist Benefits Significantly from the Energy Transition
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Business drivers: The infrastructure specialist Friedrich Vorwerk is currently benefiting from multi-billion euro investments by the federal government in the expansion of electricity and gas networks as well as the establishment of a comprehensive hydrogen infrastructure. The company sees good chances to participate in the planned expansion of the nearly 9,000-kilometer hydrogen core network. Recently, Friedrich Vorwerk revised its annual forecast upwards after very strong Q3 figures. Accordingly, the company now expects an EBITDA margin of 20.0-22.0%,...
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