Argeo AS (DE:8W20) has released an update.
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Argeo AS has reported a significant increase in financial performance for the first half of 2024, with revenues soaring by 561% to USD 25.1 million and profits rising 128% to USD 1.1 million compared to the same period last year. The company has also secured a total contract value of USD 71 million, indicating a 914% jump from H1 2023. These strong results were presented by CEO Trond Crantz at the Pareto Securities’ Energy Conference in Oslo.
For further insights into DE:8W20 stock, check out TipRanks’ Stock Analysis page.