Enapter AG

Earnings Release • Sep 18, 2025

News Details

Ad-hoc | 18 September 2025 13:06

Enapter AG adjusts guidance for fiscal year 2025

Enapter AG / Key word(s): Change in Forecast/Miscellaneous

Enapter AG adjusts guidance for fiscal year 2025

18-Sep-2025 / 13:06 CET/CEST

Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News – a service of EQS Group.

The issuer is solely responsible for the content of this announcement.

---

Enapter AG adjusts guidance for fiscal year 2025

Hamburg, September 18th, 2025. Enapter AG (ISIN: DE000A255G02) is adjusting its guidance for fiscal year 2025. The reason is the higher complexity of setting up production within the joint venture, particularly due to different certification requirements as well as customer-specific designs of the Multicores. As a result, production and acceptance processes are taking longer than originally expected. Consequently, a significant portion of the planned revenues will shift to 2026.

For fiscal year 2025, the company now expects revenues between EUR 20 to 22 million with EBITDA ranging from EUR -9 to -10 million. The current order backlog amounts to around EUR 45 million.

Previously, Enapter had guided for revenues of around EUR 39 to 42 million and an EBITDA between EUR -2 million and approximately EUR 0 for fiscal year 2025.

Published by

Gerrit Kaufhold

CFO

Executive Board Member

End of Inside Information

---

Information and Explanation of the Issuer to this announcement:

About Enapter

Enapter is the market leader in the field of AEM electrolysers – innovative devices that produce green hydrogen. The company’s patented and proven anion exchange membrane (AEM) technology eliminates the need for expensive and rare raw materials such as iridium and enables maximum yield from fluctuating renewable energies such as solar and wind and thus highly efficient production of green hydrogen thanks to a unique modular design. Thousands of Enapter AEM electrolyzers are already in use at around 360 customers in more than 55 countries in the fields of energy storage, industrial applications, refueling, power-to-X and research. The Enapter Group is headquartered in Germany and has a research and production site in Italy.

Enapter AG (H2O) is listed on the regulated market of the Frankfurt and Hamburg stock exchanges, ISIN: DE000A255G02.

Further information:

Website: https://www.enapter.com

LinkedIn: https://www.linkedin.com/company/enapter

Press contact:

Ralf Droz / Doron Kaufmann

edicto GmbH

Phone: +49 (0) 69 90 55 05-54

E-Mail: enapter@edicto.de

---

18-Sep-2025 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.

Archive at www.eqs-news.com

---

Language:	English
Company:	Enapter AG
	Bleichenbrücke 9
	20354 Hamburg
	Germany
E-mail:	info@enapterag.de
Internet:	www.enapterag.de
ISIN:	DE000A255G02
WKN:	A255G0
Listed:	Regulated Market in Frankfurt (General Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange
EQS News ID:	2199718

End of Announcement	EQS News Service

---

2199718  18-Sep-2025 CET/CEST