Cambi ASA Achieves Record Revenue and Announces Strategic Shifts

Cambi ASA ( (DE:3W7) ) has issued an announcement.

Cambi ASA reported strong financial results for Q4 and the full year 2024, surpassing NOK 1 billion in annual revenue for the first time. The company plans to distribute 80% of its net results as dividends, reflecting its robust financial health. Despite a decrease in EBITDA due to challenges in the Solutions segment, Cambi’s strategic focus on sustainable sludge management and innovation positions it well for future growth. The company also signed a new THP contract in Spain and has a solid order backlog, ensuring revenue visibility for 2025. Grønn Vekst, a subsidiary, will exit the retail soil market to concentrate on core operations, enhancing profitability.

More about Cambi ASA

Cambi is a global leader in biogas technology and solutions for wastewater treatment plants and anaerobic digestion facilities. Established in 1992, the company has maintained its market leadership through innovation and a portfolio of patented technologies. Cambi’s thermal hydrolysis process enhances renewable energy output, reduces costs, and minimizes emissions, making it a versatile solution for various biosolids outlets. The company is listed on Euronext Growth Oslo.

YTD Price Performance: 41.53%

Technical Sentiment Consensus Rating: Sell

Current Market Cap: €279.1M

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