Daldrup & Söhne AG Secures Major Geothermal Contract

Daldrup & Söhne AG has won a significant EU-wide tender for a geothermal energy project. The order, issued by Innovative Energie für Pullach GmbH, involves drilling seven geothermal wells and is valued in the high double-digit million Euro range. The project is set to commence after the federal budget approval, with drilling starting in December 2025.

The Pullach project will boost Daldrup's order book above EUR 130 million. It highlights the growing geothermal market, projected to quintuple in five years. This contract will aid in the group's financial stability and growth from 2026 onwards.

Daldrup's board has proposed a EUR 0.15 per share dividend for the first time since 2014, reflecting investor confidence and supporting future growth.