2G Energy Achieves Strong International Growth

2G Energy AG reported a solid increase in sales for Q3, with revenues rising by 11.3% to EUR 86.7 million compared to the previous year's EUR 77.6 million. This growth is driven by an increase in CHP systems sales, which saw a 12.9% uplift. Despite minimal activity in industrial-scale heat pump marketing in Germany, the service business grew by 10.7%.

The company's total output surged by 12.9%, reaching EUR 90.9 million. The high order intake, especially towards the end of Q3, significantly boosted production capacity. By September's end, EBIT also saw a 10.7% rise, totaling EUR 9.0 million.

2G's business model demonstrates resilience, particularly in the US, where import duties minimally impact profitability. The bulk of system acquisition costs originates domestically, allowing 2G to maintain competitive pricing.