EQTEC plc (GB:EQT) has released an update.
EQTEC plc, a leader in waste-to-value solutions for new energy infrastructure, reports steady FY 2023 revenues of around €2.5 million, aligning with company projections, and anticipates growing revenues in 2024 due to a strategic pivot towards technology innovation and engineering services. The company has successfully reduced liabilities through financial restructuring and strategic asset sales, while focusing on its core competencies and reference plants, such as Italia MDC, to support future business growth. EQTEC’s ongoing transition and operational enhancements aim to deliver consistent revenue streams and improve margins, with a strong pipeline and selective project engagement.
For further insights into GB:EQT stock, check out TipRanks’ Stock Analysis page.
