View ValuationH2APEX Group 향후 성장Future 기준 점검 2/6H2APEX Group (는) 각각 연간 44.6% 및 32.9% 수익과 수익이 증가할 것으로 예상됩니다. EPS는 연간 45.6% 만큼 성장할 것으로 예상됩니다. 자기자본이익률은 3년 후 -60.9% 로 예상됩니다.핵심 정보44.6%이익 성장률45.62%EPS 성장률Oil and Gas 이익 성장44.7%매출 성장률32.9%향후 자기자본이익률-60.94%애널리스트 커버리지Low마지막 업데이트18 May 2026최근 향후 성장 업데이트Price Target Changed • May 20Price target decreased by 9.5% to €2.85Down from €3.15, the current price target is an average from 2 analysts. New target price is 152% above last closing price of €1.13. Stock is down 50% over the past year. The company is forecast to post a net loss per share of €0.60 next year compared to a net loss per share of €0.77 last year.공시 • Nov 22H2APEX Group SCA Raises Revenue Guidance for the Fiscal Year 2025H2APEX Group SCA raised revenue guidance for the fiscal year 2025. H2APEX now expects revenues in the fiscal year 2025 between EUR 9 million and EUR 10 million, while the 2024 Group Annual Report forecasted revenues in the fiscal year 2025 between EUR 6 million and EUR 8 million. The increased forecast is attributable to the company’s adjusted strategy, which is showing positive effects earlier than expected. In particular, the joint IPCEI-funded project with Copenhagen Infrastructure Partners (CIP) in Lubmin, for which H2APEX provided project development services, has contributed to the unexpected increase in revenue with its first sales.Price Target Changed • Sep 03Price target decreased by 11% to €10.17Down from €11.45, the current price target is an average from 3 analysts. New target price is 101% above last closing price of €5.05. Stock is down 18% over the past year. The company is forecast to post a net loss per share of €0.45 next year compared to a net loss per share of €0.69 last year.모든 업데이트 보기Recent updatesPrice Target Changed • May 20Price target decreased by 9.5% to €2.85Down from €3.15, the current price target is an average from 2 analysts. New target price is 152% above last closing price of €1.13. Stock is down 50% over the past year. The company is forecast to post a net loss per share of €0.60 next year compared to a net loss per share of €0.77 last year.공시 • Apr 28H2APEX Group SCA to Report Fiscal Year 2025 Results on Apr 29, 2026H2APEX Group SCA announced that they will report fiscal year 2025 results at 12:00 PM, Central European Standard Time on Apr 29, 2026공시 • Nov 22H2APEX Group SCA Raises Revenue Guidance for the Fiscal Year 2025H2APEX Group SCA raised revenue guidance for the fiscal year 2025. H2APEX now expects revenues in the fiscal year 2025 between EUR 9 million and EUR 10 million, while the 2024 Group Annual Report forecasted revenues in the fiscal year 2025 between EUR 6 million and EUR 8 million. The increased forecast is attributable to the company’s adjusted strategy, which is showing positive effects earlier than expected. In particular, the joint IPCEI-funded project with Copenhagen Infrastructure Partners (CIP) in Lubmin, for which H2APEX provided project development services, has contributed to the unexpected increase in revenue with its first sales.공시 • Nov 18H2APEX Group SCA to Report Q3, 2025 Results on Nov 24, 2025H2APEX Group SCA announced that they will report Q3, 2025 results on Nov 24, 2025공시 • Aug 23H2APEX Group SCA to Report Q2, 2025 Results on Aug 28, 2025H2APEX Group SCA announced that they will report Q2, 2025 results on Aug 28, 2025공시 • May 21H2APEX Group SCA to Report Q1, 2025 Results on May 28, 2025H2APEX Group SCA announced that they will report Q1, 2025 results on May 28, 2025공시 • Apr 25H2APEX Group SCA to Report Fiscal Year 2024 Results on Apr 30, 2025H2APEX Group SCA announced that they will report fiscal year 2024 results at 12:00 PM, Central European Standard Time on Apr 30, 2025공시 • Feb 26H2APEX Group SCA Announces Executive ChangesH2APEX Group SCA announced that after Prof. Dr. Matthias Beller resigned from the Supervisory Board at the end of last year to focus more on research, the company welcomes Markus Lesser, a highly experienced manager in the energy sector, to the Supervisory Board of H2APEX Group SCA. Markus Lesser has over 30 years of experience in the international energy industry. He has significantly driven the development of PNE AG for 13 years, initially as COO and since 2016 as CEO. Prof. Dr. Matthias Beller will continue to advise H2APEX, particularly its subsidiary AKROS, to help bring chemical hydrogen storage to market maturity.Board Change • Dec 30No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 3 non-independent directors. Supervisory Board Member Heinz Fuhrmann was the last director to join the board, commencing their role in 2024. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.공시 • Nov 26H2APEX Group SCA to Report First Half, 2024 Results on Nov 28, 2024H2APEX Group SCA announced that they will report first half, 2024 results on Nov 28, 2024Price Target Changed • Sep 03Price target decreased by 11% to €10.17Down from €11.45, the current price target is an average from 3 analysts. New target price is 101% above last closing price of €5.05. Stock is down 18% over the past year. The company is forecast to post a net loss per share of €0.45 next year compared to a net loss per share of €0.69 last year.Reported Earnings • Sep 01Second quarter 2024 earnings releasedSecond quarter 2024 results: Revenue: €7.35m (up €6.62m from 2Q 2023). Net loss: €9.16m (loss widened 98% from 2Q 2023). Revenue is forecast to grow 36% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Electronic industry in Germany.공시 • Aug 14H2APEX Group SCA to Report First Half, 2024 Results on Aug 29, 2024H2APEX Group SCA announced that they will report first half, 2024 results on Aug 29, 2024공시 • Jun 01H2APEX Group SCA, Annual General Meeting, Jun 13, 2024H2APEX Group SCA, Annual General Meeting, Jun 13, 2024, at 12:00 W. Europe Standard Time. Location: legere hotel luxembourg 11 rue gabriel lippmann, parc d activite syrdall l 5365 munsbach, Luxembourg공시 • May 22H2APEX Group SCA to Report Q1, 2024 Results on May 28, 2024H2APEX Group SCA announced that they will report Q1, 2024 results on May 28, 2024Reported Earnings • May 02Full year 2023 earnings: Revenues in line with analyst expectationsFull year 2023 results: Revenue: €16.4m (up 326% from FY 2022). Net loss: €24.7m (loss widened 91% from FY 2022). Revenue was in line with analyst estimates. Revenue is forecast to grow 38% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Electronic industry in Germany.New Risk • Apr 09New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of German stocks, typically moving 9.6% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (9.6% average weekly change). Shareholders have been substantially diluted in the past year (81% increase in shares outstanding). Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (€15m net loss in 2 years). Revenue is less than US$5m (€4.6m revenue, or US$5.0m).공시 • Mar 07H2APEX Group SCA to Report Fiscal Year 2023 Final Results on Apr 30, 2024H2APEX Group SCA announced that they will report fiscal year 2023 final results on Apr 30, 2024New Risk • Feb 15New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 7.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-€25m free cash flow). Shareholders have been substantially diluted in the past year (81% increase in shares outstanding). Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (€5.7m net loss in 2 years). Share price has been volatile over the past 3 months (7.0% average weekly change). Revenue is less than US$5m (€4.6m revenue, or US$4.9m).Reported Earnings • Dec 01Third quarter 2023 earnings releasedThird quarter 2023 results: €0.15 loss per share. Net loss: €5.65m (flat on 3Q 2022). Revenue is forecast to grow 51% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Electronic industry in Germany.공시 • Nov 24APEX Group Appoints Axel Funke as Chief Technology Officer, Effective from January 1, 2024APEX Group appointed Axel Funke (58) effective January 1, 2024. As Chief Technology Officer (CTO), Axel Funke will be responsible for project management and engineering and will drive forward the expansion of expertise and reliability in the project implementation stage. As part of its growth strategy, APEX Group is expanding its management team from five to six members. Axel Funke has more than 30 years of experience in plant engineering with a special focus on the energy sector. Since 2021, he has been Head of Business Line Integrated Projects in the Technology division of Bilfinger SE, where he was responsible for Sales & Business Development, Project Management, Engineering, Quality Assurance, Assembly & Service, as well as the strategic development of the business unit in the Green Hydrogen, Energy Efficiency and Process Plant Project Development segments. Previously, he was Project Director at thyssenkrupp Industrial Solutions, where he was instrumental in the design of the HyLIOS project, which comprises the delivery of a 2.2 GW electrolysis plant for one of the world's largest green hydrogen production projects in Neom, Saudi Arabia. Axel Funke was also Project Director and a member of the management team in the Engineering Division at Linde AG, where he had overall responsibility for project management, engineering, procurement and installation of major international projects in the areas of petrochemical plants, natural gas plants and hydrogen and synthesis gas plants. At MAN AG, he was furthermore Head of Project Management and Senior Executive Manager, responsible for the planning and implementation of various power plant projects. Funke holds a degree in mechanical engineering from the Technical University of Munich and a degree in industrial engineering from the Lahr University of Applied Sciences. The appointment of Axel Funke as CTO completes the management team of APEX. Following the recent appointment of Bert Althaus as CFO, the management team is now staffed with top personnel across all areas. Apex's new management team will thus be comprised of Peter Rößner (Chief Executive Officer), Bert Althaus(Chief Financial Officer), Axel Funke (Chief Technology Officer), Gunnar Krüger (Chief Business Devepment Officer), Bojan Petrov (Chief Operating Officer) and Dr. Peter Sponholz (Chief Research Officer).이익 및 매출 성장 예측DB:H2A - 애널리스트 향후 추정치 및 과거 재무 데이터 (EUR Millions)날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수12/31/202846-15-19N/A212/31/202737-5-21N/A312/31/202615-14-24N/A212/31/20258-27-42N/A39/30/202511-37N/AN/AN/A6/30/202518-30-21-18N/A3/31/202523-31N/AN/AN/A12/31/202431-28-22-18N/A9/30/202438-29N/AN/AN/A6/30/202432-30-27-15N/A3/31/202425-25N/AN/AN/A12/31/202316-25-26-15N/A9/30/20235-19N/AN/AN/A6/30/20236-16-25-22N/A3/31/20235-14N/AN/AN/A12/31/20224-13-17-15N/A12/31/20211-9-17-7N/A12/31/20201-4-123N/A12/31/20191-3-12-6N/A더 보기애널리스트 향후 성장 전망수입 대 저축률: H2A 향후 3년 동안 수익성이 없을 것으로 예상됩니다.수익 vs 시장: H2A 향후 3년 동안 수익성이 없을 것으로 예상됩니다.고성장 수익: H2A 향후 3년 동안 수익성이 없을 것으로 예상됩니다.수익 대 시장: H2A 의 수익(연간 32.9%)이 German 시장(연간 6.8%)보다 빠르게 성장할 것으로 예상됩니다.고성장 매출: H2A 의 수익(연간 32.9%)은 연간 20%보다 빠르게 증가할 것으로 예상됩니다.주당순이익 성장 예측향후 자기자본이익률미래 ROE: H2A는 3년 뒤에도 수익성이 없을 것으로 전망됩니다.성장 기업 찾아보기7D1Y7D1Y7D1YEnergy 산업의 고성장 기업.View Past Performance기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/24 07:35종가2026/05/22 00:00수익2025/09/30연간 수익2024/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스H2APEX Group SCA는 3명의 분석가가 다루고 있습니다. 이 중 3명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Karsten Von BlumenthalFirst Berlin Equity Research GmbHLeon Muhlenbruchmwb research AGZafer RüzgarPareto Securities
Price Target Changed • May 20Price target decreased by 9.5% to €2.85Down from €3.15, the current price target is an average from 2 analysts. New target price is 152% above last closing price of €1.13. Stock is down 50% over the past year. The company is forecast to post a net loss per share of €0.60 next year compared to a net loss per share of €0.77 last year.
공시 • Nov 22H2APEX Group SCA Raises Revenue Guidance for the Fiscal Year 2025H2APEX Group SCA raised revenue guidance for the fiscal year 2025. H2APEX now expects revenues in the fiscal year 2025 between EUR 9 million and EUR 10 million, while the 2024 Group Annual Report forecasted revenues in the fiscal year 2025 between EUR 6 million and EUR 8 million. The increased forecast is attributable to the company’s adjusted strategy, which is showing positive effects earlier than expected. In particular, the joint IPCEI-funded project with Copenhagen Infrastructure Partners (CIP) in Lubmin, for which H2APEX provided project development services, has contributed to the unexpected increase in revenue with its first sales.
Price Target Changed • Sep 03Price target decreased by 11% to €10.17Down from €11.45, the current price target is an average from 3 analysts. New target price is 101% above last closing price of €5.05. Stock is down 18% over the past year. The company is forecast to post a net loss per share of €0.45 next year compared to a net loss per share of €0.69 last year.
Price Target Changed • May 20Price target decreased by 9.5% to €2.85Down from €3.15, the current price target is an average from 2 analysts. New target price is 152% above last closing price of €1.13. Stock is down 50% over the past year. The company is forecast to post a net loss per share of €0.60 next year compared to a net loss per share of €0.77 last year.
공시 • Apr 28H2APEX Group SCA to Report Fiscal Year 2025 Results on Apr 29, 2026H2APEX Group SCA announced that they will report fiscal year 2025 results at 12:00 PM, Central European Standard Time on Apr 29, 2026
공시 • Nov 22H2APEX Group SCA Raises Revenue Guidance for the Fiscal Year 2025H2APEX Group SCA raised revenue guidance for the fiscal year 2025. H2APEX now expects revenues in the fiscal year 2025 between EUR 9 million and EUR 10 million, while the 2024 Group Annual Report forecasted revenues in the fiscal year 2025 between EUR 6 million and EUR 8 million. The increased forecast is attributable to the company’s adjusted strategy, which is showing positive effects earlier than expected. In particular, the joint IPCEI-funded project with Copenhagen Infrastructure Partners (CIP) in Lubmin, for which H2APEX provided project development services, has contributed to the unexpected increase in revenue with its first sales.
공시 • Nov 18H2APEX Group SCA to Report Q3, 2025 Results on Nov 24, 2025H2APEX Group SCA announced that they will report Q3, 2025 results on Nov 24, 2025
공시 • Aug 23H2APEX Group SCA to Report Q2, 2025 Results on Aug 28, 2025H2APEX Group SCA announced that they will report Q2, 2025 results on Aug 28, 2025
공시 • May 21H2APEX Group SCA to Report Q1, 2025 Results on May 28, 2025H2APEX Group SCA announced that they will report Q1, 2025 results on May 28, 2025
공시 • Apr 25H2APEX Group SCA to Report Fiscal Year 2024 Results on Apr 30, 2025H2APEX Group SCA announced that they will report fiscal year 2024 results at 12:00 PM, Central European Standard Time on Apr 30, 2025
공시 • Feb 26H2APEX Group SCA Announces Executive ChangesH2APEX Group SCA announced that after Prof. Dr. Matthias Beller resigned from the Supervisory Board at the end of last year to focus more on research, the company welcomes Markus Lesser, a highly experienced manager in the energy sector, to the Supervisory Board of H2APEX Group SCA. Markus Lesser has over 30 years of experience in the international energy industry. He has significantly driven the development of PNE AG for 13 years, initially as COO and since 2016 as CEO. Prof. Dr. Matthias Beller will continue to advise H2APEX, particularly its subsidiary AKROS, to help bring chemical hydrogen storage to market maturity.
Board Change • Dec 30No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 3 non-independent directors. Supervisory Board Member Heinz Fuhrmann was the last director to join the board, commencing their role in 2024. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.
공시 • Nov 26H2APEX Group SCA to Report First Half, 2024 Results on Nov 28, 2024H2APEX Group SCA announced that they will report first half, 2024 results on Nov 28, 2024
Price Target Changed • Sep 03Price target decreased by 11% to €10.17Down from €11.45, the current price target is an average from 3 analysts. New target price is 101% above last closing price of €5.05. Stock is down 18% over the past year. The company is forecast to post a net loss per share of €0.45 next year compared to a net loss per share of €0.69 last year.
Reported Earnings • Sep 01Second quarter 2024 earnings releasedSecond quarter 2024 results: Revenue: €7.35m (up €6.62m from 2Q 2023). Net loss: €9.16m (loss widened 98% from 2Q 2023). Revenue is forecast to grow 36% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Electronic industry in Germany.
공시 • Aug 14H2APEX Group SCA to Report First Half, 2024 Results on Aug 29, 2024H2APEX Group SCA announced that they will report first half, 2024 results on Aug 29, 2024
공시 • Jun 01H2APEX Group SCA, Annual General Meeting, Jun 13, 2024H2APEX Group SCA, Annual General Meeting, Jun 13, 2024, at 12:00 W. Europe Standard Time. Location: legere hotel luxembourg 11 rue gabriel lippmann, parc d activite syrdall l 5365 munsbach, Luxembourg
공시 • May 22H2APEX Group SCA to Report Q1, 2024 Results on May 28, 2024H2APEX Group SCA announced that they will report Q1, 2024 results on May 28, 2024
Reported Earnings • May 02Full year 2023 earnings: Revenues in line with analyst expectationsFull year 2023 results: Revenue: €16.4m (up 326% from FY 2022). Net loss: €24.7m (loss widened 91% from FY 2022). Revenue was in line with analyst estimates. Revenue is forecast to grow 38% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Electronic industry in Germany.
New Risk • Apr 09New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of German stocks, typically moving 9.6% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (9.6% average weekly change). Shareholders have been substantially diluted in the past year (81% increase in shares outstanding). Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (€15m net loss in 2 years). Revenue is less than US$5m (€4.6m revenue, or US$5.0m).
공시 • Mar 07H2APEX Group SCA to Report Fiscal Year 2023 Final Results on Apr 30, 2024H2APEX Group SCA announced that they will report fiscal year 2023 final results on Apr 30, 2024
New Risk • Feb 15New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 7.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-€25m free cash flow). Shareholders have been substantially diluted in the past year (81% increase in shares outstanding). Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (€5.7m net loss in 2 years). Share price has been volatile over the past 3 months (7.0% average weekly change). Revenue is less than US$5m (€4.6m revenue, or US$4.9m).
Reported Earnings • Dec 01Third quarter 2023 earnings releasedThird quarter 2023 results: €0.15 loss per share. Net loss: €5.65m (flat on 3Q 2022). Revenue is forecast to grow 51% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Electronic industry in Germany.
공시 • Nov 24APEX Group Appoints Axel Funke as Chief Technology Officer, Effective from January 1, 2024APEX Group appointed Axel Funke (58) effective January 1, 2024. As Chief Technology Officer (CTO), Axel Funke will be responsible for project management and engineering and will drive forward the expansion of expertise and reliability in the project implementation stage. As part of its growth strategy, APEX Group is expanding its management team from five to six members. Axel Funke has more than 30 years of experience in plant engineering with a special focus on the energy sector. Since 2021, he has been Head of Business Line Integrated Projects in the Technology division of Bilfinger SE, where he was responsible for Sales & Business Development, Project Management, Engineering, Quality Assurance, Assembly & Service, as well as the strategic development of the business unit in the Green Hydrogen, Energy Efficiency and Process Plant Project Development segments. Previously, he was Project Director at thyssenkrupp Industrial Solutions, where he was instrumental in the design of the HyLIOS project, which comprises the delivery of a 2.2 GW electrolysis plant for one of the world's largest green hydrogen production projects in Neom, Saudi Arabia. Axel Funke was also Project Director and a member of the management team in the Engineering Division at Linde AG, where he had overall responsibility for project management, engineering, procurement and installation of major international projects in the areas of petrochemical plants, natural gas plants and hydrogen and synthesis gas plants. At MAN AG, he was furthermore Head of Project Management and Senior Executive Manager, responsible for the planning and implementation of various power plant projects. Funke holds a degree in mechanical engineering from the Technical University of Munich and a degree in industrial engineering from the Lahr University of Applied Sciences. The appointment of Axel Funke as CTO completes the management team of APEX. Following the recent appointment of Bert Althaus as CFO, the management team is now staffed with top personnel across all areas. Apex's new management team will thus be comprised of Peter Rößner (Chief Executive Officer), Bert Althaus(Chief Financial Officer), Axel Funke (Chief Technology Officer), Gunnar Krüger (Chief Business Devepment Officer), Bojan Petrov (Chief Operating Officer) and Dr. Peter Sponholz (Chief Research Officer).