Endur ASA (DE:4ZT0) has released an update.
Endúr ASA reported a strong third quarter for 2024, with revenues increasing by 28% to NOK 744.4 million and adjusted EBITDA rising by 12% to NOK 117.1 million. The company’s order backlog nearly doubled due to new contracts in Marine Infrastructure and Aquaculture Solutions, highlighting favorable market conditions and a competitive edge. Endúr expects continued growth driven by the new Norwegian Transport Plan and opportunities in land-based fish farming.
For further insights into DE:4ZT0 stock, check out TipRanks’ Stock Analysis page.
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