Will 2G Energy achieve 1 billion euros in revenue by 2029?

On Tuesday, 2G Energy (i) reported an order intake of more than 400 million euros in the third quarter. Once again, the data center business was the key driver. At the same time, the company raised its forecast for 2027 from 570 to 620 million euros to 600 to 650 million euros. The EBIT margin is expected to exceed 11%. For 2028, an amount of 750 to 850 million euros is already targeted. The commissioning of the new assembly hall in Heek by the end of 2027 will have a positive impact. On October 1, 2G Energy held an on-site investor day. Apparently,...