The latest announcement is out from Osmosun ( (FR:ALWTR) ).
OSMOSUN has announced adjustments to its 2024 financial expectations due to delays in revenue recognition from major projects in Mauritania and Saint Kitts, impacting their revenue and EBITDA. The company is finalizing a new strategic roadmap focusing on standardized and modular desalination equipment to reduce project cycles and financing needs, aiming to enhance its competitive edge and improve cash flow sustainability.
More about Osmosun
OSMOSUN is a prominent company in the desalination industry, focusing on providing solar-powered solutions for transforming seawater and brackish water into drinkable water. The company primarily targets markets that require sustainable and efficient water desalination technologies.
YTD Price Performance: 71.92%
Average Trading Volume: 5,281
Technical Sentiment Consensus Rating: Hold
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