Eneraqua Technologies PLC (GB:ETP) has released an update.
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Eneraqua Technologies PLC reports a 15% revenue increase to £29.9 million in H1 FY25, despite an adjusted EBITDA loss before tax of £2.4 million due to the unexpected UK General Election and associated project delays. The company is experiencing a return to clarity and decision-making momentum, especially in water programs, with a robust order book of £114 million, over 40% of which is expected to be delivered in H2 FY25. Eneraqua remains confident in its growth potential, fueled by strong demand for decarbonization, water efficiency, and nutrient neutrality solutions.
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