Report

- Running at full capacity through 2018

Daldrup & Söhne is benefiting from the regulatory support for geothermal energy, primarily in Germany. This is evidenced by its order backlog of €65m to date, sufficient to support its full engineering capacity for all business divisions through 2018. Meanwhile, management is stepping up efforts in project development and ownership to help counterbalance the volatility of the drilling/engineering business with predictable revenue streams as an independent power producer.
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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