A.H.T. Syngas Technology N.V. (“AHT”) (ISIN NL0010872388, WKN A12AGY), a leading company in the production of decentralized and climate-friendly biomass power plants, continued its successful growth trajectory from the previous year in the first half of 2024. Based on preliminary figures, the company generated revenue of over EUR 11 million in the usually weaker first half of the year and is thus already within reach of the EUR 13.7 million achieved in the previous year as a whole. Revenue in the period from January to June, which includes the company aremtech acquired in 2023 for the first time, is around EUR 4.5 million or over 70% higher than in the same period in 2023.
“AHT Syngas has made a dynamic start to the new financial year. The strong sales growth of the previous year will continue in the 2024 financial year. In view of our projects currently in various stages of realization and the extensive order pipeline, we are extremely confident about the further development of AHT,” says Gero Ferges, CEO of the company, explaining the first half of the year.
Turnover in the first half of the year is made up of key account projects in Japan as well as projects in the domestic market, which is set to play a greater role in the future. Decentralized, environmentally friendly energy to replace natural gas has great potential to support further growth here.