Trading Update
21 December 2021
Eneraqua Technologies plc
("Eneraqua Technologies", the "Company" or the "Group")
Trading Update
Eneraqua Technologies plc, a specialist provider of energy and water efficiency solutions, is pleased to provide an update on trading following the Group's admission to AIM on 22 November 2021.
Since admission, the Company has been trading comfortably in line with expectations and has continued to execute against its stated growth strategy. The Group's target market continues to undergo substantial and sustained long term growth to meet decarbonisation and Net Zero targets. In addition to projects completed and projects underway this year, the Company is in active dialogue with a number of current and potential clients about how its technology and services can help them meet their decarbonisation, water efficiency and Net Zero targets.
The Company will provide a full Trading Update in February 2022 following the close of its financial year on 31 January 2022.
For more information, please contact:
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Eneraqua Technologies plc |
Via Alma PR |
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Mitesh Dhanak, CEO |
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Iain Richardson, CFO |
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finnCap Limited - Nominated adviser and Broker |
+44(0)20 7220 0500 |
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Ed Frisby / Charlie Beeson - Corporate Finance |
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Andrew Burdis / Sunila de Silva - ECM |
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Alma PR - Financial PR and IR |
+44(0)20 3405 0205 |
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Justine James / Hilary Buchanan / Sam Modlin |
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Notes to editors
Eneraqua Technologies (AIM:ETP) is a specialist in energy and water efficiency. The Group has two divisions energy and water. Energy is the larger division, with the Company focused on clients with end of life gas, oil or electric heating and hot water systems. The Group provides turnkey retrofit district or communal heating systems based either on high-efficiency gas or ground/air source heat pump solutions that support Net Zero and decarbonisation goals.
The water division is a growing service offering focused on water efficiency upgrades for utilities and commercial clients including hotels and care homes.
The activities in both divisions are underpinned by the Company's wholly-owned intellectual property, the Control Flow HL2024 family of products which reduce water wastage and improve the performance of heating and hot water systems.
The Company's main country of operation is the United Kingdom. The Company's head office is based in London with additional offices in Leeds, Washington (Sunderland), India, Spain and the Netherlands. The Company has 94 full time employees, with the majority employed within the UK. Eneraqua Technologies has received the London Stock Exchange's Green Economy Mark.
To find out more, please visit: www.eneraquatechnologies.com
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