BRIEF

on OSMOSUN (EPA:ALWTR)

OSMOSUN: Review of the first half of 2024

Stock price chart of OSMOSUN (EPA:ALWTR) showing fluctuations.

The OSMOSUN® Group, specializing in the desalination of seawater and brackish water using solar energy, has published its turnover for the first half of 2024. The figure amounts to 1.5 million euros. euros, recording an increase of 15% compared to the same period in 2023.

Quentin Ragetly, Managing Director, explains that this growth is due to the continuation of projects signed in recent years and new small capacity contracts, despite an economic context slowing investment decisions. Sales included 4 new desalination units, bringing the total to 73 units since the company was founded.

The portfolio of projects in advanced negotiations amounted to 88 million euros as of June 30, 2024. OSMOSUN expects continued growth in its turnover for the 2024 financial year, thanks to the decisions expected in early 2025.

R. P.

Copyright © 2024 FinanzWire, all reproduction and representation rights reserved.
Disclaimer: although drawn from the best sources, the information and analyzes disseminated by FinanzWire are provided for informational purposes only and in no way constitute an incentive to take a position on the financial markets.

Click here to consult the press release on which this article is based

See all OSMOSUN news