Osmosun (FR:ALWTR) has released an update.
Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts and uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
Osmosun, a leader in solar-powered desalination, reports a 15% turnover increase in the first half of 2024 compared to the previous year, driven by the progression of major projects and small contracts. The company has sold 73 desalination units to date, contributing to significant water production and CO2 emission reduction. Despite current economic and political challenges, Osmosun maintains a robust sales pipeline and confirms its growth objectives for the fiscal year 2024, with key large project decisions anticipated in early 2025.
For further insights into FR:ALWTR stock, check out TipRanks’ Stock Analysis page.