OKEA ASA (DE:3SX) has released an update.
Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts to uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
OKEA ASA reported a decrease in both operating income and EBITDA in Q2 2024, citing impairments and lower production volumes, but also highlighted the strategic Bestla development project and successful USD 125 million bond issue to support future growth. The company’s production guidance for 2024 was slightly narrowed, reflecting a focus on cost-effective strategies and capital discipline.
For further insights into DE:3SX stock, check out TipRanks’ Stock Analysis page.
