Article

Friedrich Vorwerk is benefiting from Germany's expansion of its green hydrogen infrastructure, which includes a national distribution network over 9,000 kilometers. Despite anticipating a slowdown in orders for 2024 and 2025, the company's order intake remains robust, with a backlog that has tripled since its IPO in March 2021, leading to a significant increase in market capitalization and revenue. With no net debt and strong current assets, Vorwerk is well-positioned for future acquisitions.