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Endúr ASA Optimistic After Strong Q2 Performance
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Endúr ASA Optimistic After Strong Q2 Performance

Endur ASA (DE:4ZT0) has released an update.

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Endúr ASA reported a solid financial performance in Q2 2024 with a slight dip in revenue to NOK 691.8 million from NOK 716.9 million the previous year, but a stronger adjusted EBITDA which grew by 6% to NOK 97.5 million. The company’s order backlog increased significantly to NOK 3,031 million, a 53% rise, thanks to high order intake including the substantial Salmon Evolution phase 2 project. Endúr is optimistic about future growth, buoyed by a strong and growing backlog across all business segments and several outstanding bids.

For further insights into DE:4ZT0 stock, check out TipRanks’ Stock Analysis page.

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