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Contacts

Stephannie Depa - USA

Stephannie Depa - USA

Press contact Breakaway Communications +1 530 864 0136
Dennis Mueller

Dennis Mueller

Press contact SVP Product Marketing & Communication ADS-TEC Energy

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ADS-TEC Energy Reports Strong Earnings Improvement for 2024 on Preliminary Results and Announces Strategic Business Expansion

ADS-TEC Energy Reports Strong Earnings Improvement for 2024 on Preliminary Results and Announces Strategic Business Expansion

Key Highlights:
Significant Earnings Improvement – Achieved important improvement in earnings and reported positive gross profit for the first time, despite a highly volatile market environment Revenue Growth – Sales increased slightly compared to record year 2023 Service Division Expansion – Service business grew by approximately 180%, driven by expansion of its installed base between 2023