OKEA ASA (DE:3SX) has released an update.
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.
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