2G Energy AG Boosts Profitability with Improved EBIT Margin

2G Energy AG has significantly enhanced its profitability, reporting an increase in its EBIT margin to 8.9% in 2024, compared to 7.6% the previous year. The company's sales revenues rose to EUR 375.6 million, with notable growth in North and Central America, where revenues climbed by 71% to EUR 34.8 million. This outcome is attributed to a reduction in the cost of materials, which dropped to 59.6% from 64.2%.

The Management Board has confirmed revenue forecasts for the current year, projecting between EUR 430 to 450 million, and anticipates further growth in 2026, with revenues expected to range between EUR 440 to 490 million. The Board also forecasts an EBIT margin of 8.5-10.5% for 2025 and 9.0-11.0% for 2026, acknowledging continued high order intake.

2G's liquidity saw a substantial rise, temporarily reaching EUR 50.0 million by the end of 2024, a significant increase from EUR 12.6 million the previous year, fueled by successful project completions and invoicing.