Report
Kristof Samoy

Ekopak Waterkracht close to the home stretch: a giant WaaS leap forward

Ekopak published 1H24 results that came in a tad below expectations. Still the disruptive engineering company has its transformation in full swing paving the way for sizeable growth beyond 2024. It is integrating GWE and centralising local engineering, production & supporting services in new corporate facilities in Ghent. The major positive surprise from the release was the announcement that -following lengthy negotiations over the past years- Waterkracht will be operational as of late 2026. As an international showcase of its engineering capabilities this large project will be instrumental in the roll-out of similar WaaS projects in other cities and countries.
Underlying
EKOPAK NV

Provider
KBC Securities
KBC Securities

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Analysts
Kristof Samoy

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