Friedrich Vorwerk Group (FDVWF) Q2 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

a Q&A session in which you have the possibility to place your questions directly to the management. And with that, I hand over to you, Torben. Thank you very much for the introduction. Myself, Torben Kleinfeld, studied civil engineer on board Friedrich Vorwerk since 2001. Today responsible together with my colleague Tim Harmeister who will introduce himself later for the all responsibility of the company and I also do care so myself about some of our major projects in both pipeline construction and also plant construction. To all of you who have been in this call for the first time, I would start with a very small and very short introduction to our group of companies. So Friedrich Vorwerk was founded in 1962. From its first day on, it has always been active in the energy infrastructure. So in the end, laying cables, pipeline systems, district heating pipelines, and today also large cable systems and hydrogen pipeline systems. Our branch offices are very well distributed in the north of Germany, as you can see on the map on the left-hand side. With 15 locations and more than 2,400 employees, we are one of the largest players for energy infrastructure here in the middle of Europe. And due to the energy transition that is going on at the moment, especially in Germany, with a strong annual growth over the last years, of more than 30% per year. Today we are active in very highly attractive markets such as infrastructure for natural gas, electricity, over the last years also clean hydrogen and what we today call adjacent opportunities which basically wraps up our activities in district heating, the treatment of biomethane and also the subtraction of CO2, transport of CO2 and storage of CO2. Among our long decade customer relationships are of course the large TSOs and the b...