€176.8m market cap
€40.6 last close
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.
2G Energy continues to diversify its activities by 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 strategy delivered a 10.8% y-o-y increase in FY18 sales to a record €209.8m, and a 56.2% jump in EBIT to €11.5m.