WAH-FF 1Y line The number of hydrogen refueling stations, a key focus for Wolftank, has risen by more than 600% to 178 across Europe over the past decade.
The company expects revenues from ongoing hydrogen projects to exceed 16 million euros in 2024, with projected figures for 2025 of around 18 million euros.
"The company is seeing a great deal of customer interest in its hydrogen refuelling solutions," said Metzler analyst Guido Hoymann.
Late last year, Wolftank was awarded a major hydrogen refueling station contract with a public transport provider near Lake Iseo in northern Italy.
Last week, the company also revealed that it was awarded two further contracts totaling 6.7 million euros.
Persons:
Metzler, Guido Hoymann, Wolftank, Patrick Speck, Miguel Lago Mascato, FactSet, — CNBC's Sophie Kiderlin
Organizations:
Wolftank, CNBC
Locations:
Austria, Europe, Germany, Italy, Lake Iseo, Emilia Romagna