Friedrich Vorwerk Group SE
XHAM:VH2
Friedrich Vorwerk Group SE
Friedrich Vorwerk Group SE designs, creates and operates energy infrastructure. The company is headquartered in Tostedt, Niedersachsen and currently employs 1,633 full-time employees. The company went IPO on 2021-03-25. The firm activity is divied into four divisions, such as: Engineering which is engaged in providing engineering solution for construction of energy networks to process engineering and state-of-the-art Intelligent Infrastructure Management concepts for plants; Energy Grids which is engaged in providing solutions for the construction of pipelines for the transport of natural gas, hydrogen, district heating and water, as well as the construction of underground power cables;Energy Transformation which is engaged in providing components and plants for the treatment and processing of natural gas, hydrogen, biogas, electricity, heat and water; Service & Operations providing services and full operational management for energy grids and plants and Turnkey solutions which prodives complex energy infrastructure projects.
Friedrich Vorwerk Group SE designs, creates and operates energy infrastructure. The company is headquartered in Tostedt, Niedersachsen and currently employs 1,633 full-time employees. The company went IPO on 2021-03-25. The firm activity is divied into four divisions, such as: Engineering which is engaged in providing engineering solution for construction of energy networks to process engineering and state-of-the-art Intelligent Infrastructure Management concepts for plants; Energy Grids which is engaged in providing solutions for the construction of pipelines for the transport of natural gas, hydrogen, district heating and water, as well as the construction of underground power cables;Energy Transformation which is engaged in providing components and plants for the treatment and processing of natural gas, hydrogen, biogas, electricity, heat and water; Service & Operations providing services and full operational management for energy grids and plants and Turnkey solutions which prodives complex energy infrastructure projects.
Record Revenue: Vorwerk reported over EUR 200 million in quarterly revenue for Q3 2025, the highest in its history and up 39% year-on-year.
Profitability Surge: EBITDA margin rose to 25.4%, up 4 points from Q2 and 8 points year-on-year, with EBIT margin hitting a new record at 19.1%.
Strong Cash Position: Net cash increased by EUR 80 million year-on-year to EUR 112 million, supporting future growth.
Order Book & Backlog: Total project volume acquired was EUR 886 million (+45%), though conventional order intake was down; order backlog remains robust at EUR 1.1 billion.
Raised Guidance: 2025 revenue guidance increased to EUR 650–680 million, with an EBITDA margin of 20–22%.
Seasonality & Project Delays: Q4 is expected to be weaker than Q3 due to usual seasonality and project phasing; Anord project revenue will be lower than earlier guidance due to permit delays.
