Construction continues of our joint green cathedral.
Second quarter 2024
- Net revenues for the period were MSEK 58.5(3.6)
- Earnings after tax for the period were MSEK 30.5 (-25.3)
- Earnings per share for the period (before dilution) was SEK 0.04 (-0.03)
- Cash flow for the period after investments was MSEK -52.4 (-27.0)
- Enviro receives additional MSEK 54 payment for costs incurred, of which half in cash and half as ownership share in joint venture
- Enviro’s recovered pyrolysis oil has been successfully processed by Neste into raw materials for chemicals and plastics
Period of January – June 2024
- Net revenues for the period were MSEK 116.2 (7.7)
- Earnings after tax for the period were MSEK 61.3 (-49.7)
- Earnings per share for the period (before dilution) was SEK 0.08 (-0.07)
- Cash flow for the period after investments was MSEK -58.3 (-56.0)
- Enviro, Michelin and Antin announces final investment decision for plant in Uddevalla
- In total the Company has received MSEK 107 during the first half year, of which half in cash and half as ownership share in joint venture
- Fredrik Emilson new CEO of Enviro
- The construction of the Enviro’s plant in Uddevalla has received starting notice
Significant events after end of period
- Enviro receives order for 500 tons of tire pyrolysis oil from repeat customer
- Enviro has received MSEK 25.6 in milestone compensation of which half in ownership in the joint venture