The latest announcement is out from M Vest Water AS ( (DE:7YA) ).
M Vest Water (MVW) reported a significant increase in total revenues by 106% in 2024, driven by the expansion of NORWAFLOC® supplies to additional salmon slaughterhouses and a strong order pipeline for 2025. The company secured a contract with Downstream Marine for a new salmon slaughterhouse treatment plant and signed agreements to boost sales in the Middle East. A breakthrough in technology allowed for the complete substitution of synthetic polymers, enhancing MVW’s offerings in dredging and wastewater treatment. These developments, alongside a growing tender portfolio and alignment with global trends for clean water, position MVW to deliver long-term value to shareholders.
More about M Vest Water AS
M Vest Water is an environmental technology company specializing in the development of non-toxic, biodegradable water treatment products for both industrial and municipal markets. Their solutions aim to achieve the highest degree of purification in a cost-efficient manner, and the company is listed on Euronext Growth under the ticker MVW.
YTD Price Performance: 9.72%
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: €26.76M
For an in-depth examination of 7YA stock, go to TipRanks’ Stock Analysis page.