After extensive preparatory work, the basis is laid for the final investment decision and the subsequent roll-out of plant.
Q3 2023
- Net revenues for the period were MSEK 3.0 (2.7)
- Earnings after tax for the period were MSEK -19.0 (-19.5)
- Earnings per share for the period (before dilution) was SEK -0.02 (-0.03)
- Cash flow for the period after investments was MSEK -29.1 (-24.7)
- Enviro completes key recruitments central to its future expansion
- Enviro to change Certified Adviser
- Enviro’s recovered oil and carbon black receives renewed ISCC sustainability certification
- Enviro and Siemens signs MOU regarding cooperation around the European expansion plan
Jan-September 2023
- Net revenues for the period were MSEK 10.7 (6.0)
- Earnings after tax for the period were MSEK -68.8 (-58.6)
- Earnings per share for the period (before dilution) was SEK -0.09 (-0.09)
- Cash flow for the period after investments was MSEK -85.1 (-72.3)
- Enviro receives follow-up order for oil from a leading US oil company
- Enviro secured financing in the form of an external loan of MSEK 40. The loan was repaid during Q3.
- 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
Significant events after end of period
- Enviro has developed new type of recovered carbon black with improved properties