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va-Q-tec is a dynamic high-tech company and has been pioneering the development of innovative solutions in the insulation industry since 2001 on the basis of energy efficient, space saving and environmentally friendly vacuum insulation panels (VIPs).

The efficient technology of va-Q-tec products saves expensive energy in areas of everyday use: transport of pharmaceutical products, in refrigeration and freezer appliances, in buildings, in technology & industry as well as in automobiles and aircraft.





News

Wednesday, 15. November 2017

va-Q-tec reports strong growth in first nine months of 2017

  • 9M 2017 revenue: EUR 34.6 million compared with EUR 24.3 million in 9M 2016 (+42%)
  • EBITDA 9M 2017: EUR 6.2 million compared with EUR 5.0 million of adjusted EBITDA in 9M 2016 (+24%)
  • Very strong product business and strong service business contribute to growth
  • Continued growth investments in additional production and fleet capacities as well as efficiency enhancements in structures and processes
  • Major new customers acquired in the container rental business
  • New airline partnerships with Lufthansa Cargo, Emirates SkyCargo, TAP Cargo and Egyptair Cargo
  • Partial move into the new production and administrative location in Würzburg
  • Various non-recurring operative effects in the current fourth quarter of 2017 lead to revenue shifts and revenue shortfalls in the low single-digit range in millions of euros

     

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