EQS-News

PAUL Tech AG: Preliminary figures for the financial year 2022 and for the first half of 2023 – strong growth and positive outlook - Seite 2

"The results of the past year, the first half of the year and the full order pipeline show that we have a decisive answer to the challenges in the real estate sector with our solution portfolio. With sensors, actuators and artificial intelligence, PAUL revolutionizes heating and hot water systems in a minimally invasive way and optimizes energy consumption almost in real time. In the short term, PAUL thus contributes to reducing the influence of energy costs on rising ancillary housing costs and, in the long term, is an essential component for achieving climate targets in the real estate industry," says Sascha Müller, founder and CEO of PAUL Tech AG, commenting on the company's development.

The fact that PAUL received the German Real Estate Award in the "Industry Pioneer" category in May 2023 was another highlight in the first half of the year and additional proof of the uniqueness of the solution offering.

The annual financial statements for the 2022 financial year will be published in August.

The company is expected to publish its full half-year financial statements for the first six months of 2023 on October 31, 2023. 

The company is converting its accounting to International Financial Reporting Standards (IFRS) and, in this context, will publish consolidated figures of the PAUL Group for the first time in the 2023 half-year financial statements. By switching to IFRS, the company intends to align its financial reporting with globally recognized standards.

 

Disclaimer:

This document and its contents do not constitute an offer to sell or a solicitation of an offer to buy or subscribe for securities. A public offering of securities of PAUL Tech AG does not take place and is not planned. The distribution of this document may be subject to legal restrictions in certain jurisdictions. Persons who come into possession of this document are urged to inform themselves about such restrictions and to comply with them. Failure to comply with such restrictions may constitute a violation of the securities laws of the relevant jurisdiction.