Argeo presents at the Pareto Securities’ Annual Energy Conference 2024

Sep 11, 2024 | News, News

Trond Crantz, CEO of Argeo, is presenting today at Pareto Securities’ Energy Conference in Oslo.

Presentation highlights – a strong H1’ 2024

Revenues: USD 25.1 million, up 561% from H1 2023
EBITDA: USD 7.1 million, up 384% from H1 2023
Profit: USD 1.1 million, up 128% from H1 2023
Total contract value secured in H1 for 2024: USD 71 million up 914% from H1 2023
Backlog for production H2 2024: USD 45 million

The Pareto Securities’ Energy Conference takes place at Scandic Holmenkollen Park, with Crantz’s presentation scheduled for 11:45 CEST in meeting room Gyda & Gunhild.

The presentation can be downloaded here

Fourth-quarter and unaudited full-year 2024 results

Fourth-quarter and unaudited full-year 2024 results

Revenue for Q4 amounted to USD 5.4 million, marking an increase of 440% year-over-year (YoY). EBITDA amounted to USD -5.7 million, alongside an EBIT of USD -7.9 million. Net profit for the quarter was USD -8.5 million, improving from USD -9.4 million in Q4 2023....