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Press Release

EKPO receives funding of EUR 177 million for the ongoing refinement of high-performance fuel cell stacks

Dettingen/Erms (Germany), November 15, 2023 +++ Fuel cells represent a key technology when it comes to successfully shaping the transformation of the mobility sector. EKPO Fuel Cell Technologies (EKPO), a leading technology provider specializing in the development and large-scale production of fuel cell stacks for carbon-neutral mobility, has now received confirmation of the Federal Ministry for Digital and Transport that it is to be granted funding of up to EUR 177 million for the years up to and including 2027 as part of the European “IPCEI Hydrogen” (Important Project of Common European Interest) program.

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EKPO receives funding of EUR 177 million for the ongoing refinement of high-performance fuel cell stacks
Ad-Hoc-Release

EUR 177 million in funding from IPCEI program for new high-performance fuel cell stacks from EKPO Fuel Cell Technologies

Dettingen/Erms (Germany), November 15, 2023 +++ EKPO Fuel Cell Technologies GmbH (EKPO), a company fully consolidated within the ElringKlinger Group, today received notification of the Federal Ministry for Digital and Transport that it will be granted funding of up to EUR 177 million for the years up to and including 2027 as part of the so-called "IPCEI Hydrogen" program.

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Press Release

Q3 2023: ElringKlinger announces improved earnings and cash flow metrics

Dettingen/Erms (Germany), November 7, 2023 +++ ElringKlinger AG has published its full results for the third quarter of 2023, confirming the preliminary figures reported on October 25, 2023. Group revenue amounted to EUR 451.6 million in the quarter just ended. In this context, revenue was influenced by headwinds from exchange rate fluctuations, which caused a slight downturn compared to the previous year's figure (Q3 2022: EUR 464.1 million).

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Press Release

ElringKlinger records solid third quarter 2023 based on preliminary results

Dettingen/Erms (Germany), October 25, 2023 +++ ElringKlinger AG has announced its preliminary results for the third quarter of 2023. The Group achieved revenue of EUR 451.6 million in this period (Q3 2022: EUR 464.1 million). Revenue was adversely impacted by currency effects. Adjusted for exchange rate effects, revenue was up slightly by 0.7% or EUR 3.2 million for the period from July to September 2023. Revenue generated in the first nine months totaled EUR 1,408.1 million (9M 2022: EUR 1,329.3 million). This corresponds to growth of 5.9%. Based on the assumption of stable exchange rates, revenue expanded by 7.7%.

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Ad-Hoc-Release

ElringKlinger with preliminary results for the third quarter of 2023: revenue growth no longer expected to exceed market level based on new internal forecast due to higher S&P projections

Dettingen/Erms (Germany), October 25, 2023 +++ Based on preliminary results, ElringKlinger AG (ISIN DE0007856023 / WKN 785602) generated revenue of EUR 451.6 million in the third quarter of 2023 (Q3 2022: EUR 464.1 million). Adjusted for currency effects, revenue grew by 0.7% or EUR 3.2 million in the period from July to September 2023. Revenue generated in the first nine months totaled EUR 1,408.1 million (9M 2022: EUR 1,329.3 million). This corresponds to growth of 5.9%. Based on the assumption of stable exchange rates, revenue expanded by 7.7%.

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