Intensive and exhaustive work laid the basis for the final investment decision.
Q4 2023
- Net revenues for the period were MSEK 3.2 (2.0)
- Earnings after tax for the period were MSEK -23.6 (-25.0)
- Earnings per share for the period (before dilution) was SEK -0.03 (-0.04)
- Cash flow for the period after investments was MSEK -28.4 (-26.2)
- Enviro has developed new type of recovered carbon black with improved properties
- Enviro wins prestigious award at the Recircle Awards – third year in a row
Period of January-December 2023
- Net revenues for the period were MSEK 13.9 (8.0)
- Earnings after tax for the period were MSEK -92.3 (-83.6)
- Earnings per share for the period (before dilution) was SEK -0.12 (-0.13)
- Cash flow for the period after investments was MSEK -113,4 (-98.5)
- Enviro receives follow-up order for oil from a leading US oil company
- Enviro and Antin Infrastructure Partners to create the world’s first large-scale tire recycling group, supported by Michelin
- Enviro has successfully completed directed share issue of 150 million shares and raises proceeds of SEK 300 million
- Enviro’s Chairman and CEO represent the company on the board of new joint venture
- Recovered carbon black from Enviro in the tires as Michelin celebrates 100 years at Le Mans
- Enviro’s recovered oil and carbon black receives renewed ISCC sustainability certification
- Enviro and Siemens signs MOU regarding cooperation around the European expansion plan
Significant events after end of period
- Enviro and Antin announces final investment decision for plant in Uddevalla
- Enviro receives MSEK 53 as a first payment for costs incurred, 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