2G Energy (2GB)

Business description

2G Energy is a leading international manufacturer of highly efficient combined heat and power plants. These are deployed in the housing industry, agriculture, commercial and industrial companies, public energy utilities and municipal and local government authorities.

Stock data

Market cap.€83.1m
Last close€18.75
High / Low (52 weeks)€24.5 / €17.7
Stock market listingDB
Forecast net debt (m)N/A
Forecast gearing ratio (%)N/A
SectorAlternative Energy

Price performance

Relative *1.30.9(20.7)

* % Relative to local index

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Company news

Investment summary

2G Energy has diversified its activities, expanding export markets and developing service revenues, so that it is less exposed to changes in the regulatory environment for renewables and CHP in Germany. This supported a 13.5% year-on-year increase in sales during H117 and a substantial reduction in operating losses. We note that the first half is typically loss making while 2G Energy works on CHP projects for delivery in the second half.

Last updated on 09/10/2017

Key management

Friedrich Pehle, CFO

Company address

Benzstr 3
+49 (0) 2568 9347 0
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