Cambi ASA (DE:3W7) has released an update.
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Cambi ASA reported a 29% increase in revenues to NOK 306 million for the second quarter of 2024, with a strong order backlog of NOK 1,484 million signaling a robust financial position. The CEO, Eirik Fadnes, expressed pride in reaching over NOK 1 billion in rolling-twelve-months revenue, attributing the success to the team’s hard work and positive industry trends. Cambi, a global leader in biogas technology, continues to convert backlog into revenue while meeting customer commitments.
For further insights into DE:3W7 stock, check out TipRanks’ Stock Analysis page.
