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Norbit ASA Achieves Strong Q3 Growth with Promising Outlook

Norbit ASA Achieves Strong Q3 Growth with Promising Outlook

Norbit ASA (DE:4NK) has released an update.

Norbit ASA reported strong growth in the third quarter of 2024, with revenues reaching NOK 371.9 million and significant increases in the Oceans and Product Innovation & Realization segments. The company secured major orders in its Oceans segment and announced a new agreement in the Connectivity segment, indicating robust future prospects. Norbit remains on track to meet its annual financial targets, with full-year revenues expected to reach NOK 1.75 billion.

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

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