Wolftank-Adisa will cooperate with Molgas Energia Italia over the next few years to open a number of LNG refueling stations in Eastern Europe.
Wolftank-Adisa is thus continuing its internationalization. Montega analysts initially expect the company to build ten refueling stations, which would mean sales of 5 million euros.
Demand for hydrogen projects at Wolftank-Adisa remains high. There are inquiries in the low three-digit million range. Hydrogen and LNG are likely to become increasingly important at Wolftank.
The analysts confirm their buy recommendation for Wolftank-Adisa’s shares. The price target is lowered from 25.00 euros to 24.00 euros.
The experts see the company as very well positioned to benefit from growth in the hydrogen and LNG market. For 2022, they expect sales of 75.1 million euros and earnings per share of 0.31 euros. In 2023, the figures are expected to be 100.5 million euros and 1.03 euros, respectively.
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