Akastor ASA Strengthens Financial Position and Growth Prospects

Akastor ASA (AKKVF) has released an update.

Akastor ASA reported a robust financial position in the third quarter, highlighted by a significant EBITDA increase in its subsidiary HMH and strategic acquisition of Drillform. The company maintained a strong net cash position and saw positive developments in its offshore ventures, reinforcing its potential for future growth. Additionally, DDW Offshore secured substantial contracts, positioning itself well for 2025.

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