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Clean Industry Solutions Holding Europe AB: Quarterly Report October-December 2022

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Q4 from 01.10.2022 to 31.12.2022 (01.10.2021 to 31.12.2021), FY from 01.01.2022 to 31.12.2022 (FY 01.01.2021 to 31.12.2021)

The report can be found here: https://cleanindustrysolutions.com/en/investor-relations/financial-reports/

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Significant events during the reporting period

  • High Customer Satisfaction with Industrial Solar’s Fresnel Technology
  • SolarSpring to Reduce CO2 Emissions and Recover Resources at Wastewater Treatment Plants with Smart Membrane Technology
  • Clean Industry Solutions Holding Europe AB (publ) Presented at Aktieportföljen Live
  • Last day for Subscription of Units in Clean Industry Solutions Holding Europe AB's (publ) Ongoing Rights Issue
  • Industrial Solar signed Letter of Commitment for a project with an order value of approx. EUR 5 million
  • SolarSpring Announced Partnership for Membrane Distillation Module Production
  • Clean Industry Solutions Holding Europe AB (publ) Announced Outcome of the Rights Issue
  • Clean Industry Solutions Holding Europe AB (publ) Carried out a Directed Issue of Units to Underwriters in Connection with the Completed Rights Issue
  • Last Day of Trading in BTU
  • Industrial Solar Received Purchase Order from Unilever
  • SolarSpring GmbH Announced Change in Management

Comments from the CEO Christian Zahler

I’m happy to present you the quarterly report with the highest increase in revenue in the history of the company!

It seems that the time for our business model has finally come. As announced in Ursula von der Leyen’s speech at the World Economic Forum in Davos, the Green Deal Industrial Plan aims to make Europe the global cleantech market leader. With regulations for realizing energy projects with solutions such as wind, heat pumps, solar, clean hydrogen, storage, and others being eased and financially supported, the energy transition will be accelerated. This shows that our mission as well as our portfolio of technologies and services align with the European climate vision and will be in high demand.     

I would also like to thank our shareholders who subscribed to our last rights issue!
The proceeds from the rights issue will primarily be used to finance the growth of the subsidiaries and working capital for new customer projects. The Company also expects that the strengthened financial position, combined with increased market demand, will have a positive impact on discussions and negotiations with current and potential customers.    

In Q4 2022, Industrial Solar’s photovoltaic (PV) team also started with the installation of the several projects we signed contracts for earlier last year. The PV fence at Hydro Extrusion Offenburg and a rooftop system in Schwetzingen have been installed. And at the moment, the subsidiary’s biggest PV project so far – including 3 rooftop systems for Losan Pharma – is being mounted. 
Further inquiries for even bigger installations are waiting in the pipeline, and despite the relatively short time this department has been established in Industrial Solar, the revenue demonstrates the team’s substantial expertise and good work.
 
The fact that requests for the Fresnel Collector – Industrial Solar’s flagship technology – are constantly increasing makes us also especially happy since we know how much added value it can contribute to the industry – both in regard to decarbonization as well as cost-effectiveness.

Our numbers for the last quarter of 2022 confirm the increasing status of sustainable technologies as a must-have: the year-on-year increase in our sales revenue of 416 % is a clear indication that all signs point in the direction of emission-free and clean solutions and we are excited to contribute to this movement and support our customers with our expertise and diverse solutions.  

This disclosure contains information that Clean Industry Solutions Holding Europe is obliged to make public pursuant to the EU Market Abuse Regulation (EU nr 596/2014). The information was submitted for publication, through the agency of the contact person, on 24-02-2023 08:45 CET.

Contact information:

Clean Industry Solutions Holding Europe AB
c/o Win-Win Ekonomi AB
Palmfeltsvägen 21
SE-121 62 Johanneshov/Sweden
E-Mail: info@cleanindustrysolutions.com

Amudova AB is Clean Industry Solutions’ certified adviser. Phone +46 8 546 017 58
E-mail: info@amudova.se

Clean Industry Solutions Holding Europe AB holds 100% of Industrial Solar GmbH and 100% of SolarSpring GmbH - both located in Freiburg/Germany.  
Industrial Solar GmbH is an international leading technology and solution provider, which develops projects mainly based on its innovative Fresnel collector technology suitable for fulfilling an expected growing market of solar process heat. As a one-stop-shop Industrial Solar offers turnkey solutions for customers in several industries.
Find out more about Industrial Solar GmbH at the following address:
https://www.industrial-solar.de/en/

Founded in 2009 as a spin-off of the Fraunhofer ISE, SolarSpring GmbH - membrane solutions, has evolved into an international pioneer in the field of membrane distillation offering innovative waste- and drinking water treatment technology.
Find out more about SolarSpring GmbH at the following address:
https://solarspring.de/en/

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