Report
Toby Thorrington

Daldrup & Söhne - Leading drilling specialist in Central Europe

Daldrup & Söhne is a leading drilling specialist in Europe and focuses on energy topics such as geothermal heat recovery, environmental protection and drinking water quality. With its drilling services, the company provides its customers geothermal energy sources as an alternative to fossil fuels. Over the next few years, Daldrup also aims to build up a portfolio of minority interests in medium-sized geothermal power plants, especially heating plants. Market conditions in the drilling segment remain positive, driven by customers’ long-term goal to increase renewable energy sources and reduce carbon emissions.
Underlying
Daldrup & Soehne AG

Daldrup & Soehne AG is a provider of drilling and environmental services in Germany and Central Europe. Co.'s activities are organized into the following business units: Geothermal Energy business unit provides drilling services for near-surface geothermal energy; In the Raw Materials & Exploration business unit, Co. carries out drilling operations on behalf of national and international mining companies in exploration of deposits of fossil fuels and mineral raw materials; The Water Procurement business unit includes drilling wells to obtain drinking water; EDS provides environmental technology services to clients.

Provider
Edison Investment Research
Edison Investment Research

Edison is an investment research and advisory company, with offices in North America, Europe, the Middle East and AsiaPac. The heart of Edison is our world renowned equity research platform and deep multi-sector expertise. At Edison Investment Research, our research is widely read by international investors, advisors and stakeholders. Edison Advisors leverages our core research platform to provide differentiated services including investor relations and strategic consulting.

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Analysts
Toby Thorrington

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