Norway · Delayed Price · Currency is NOK Soiltech ASA Earnings Call Transcripts
Fiscal Year 2026
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Q1 2026 saw 17% revenue growth, improved margins, and strong cash flow, driven by contract wins and equipment investments. Solid Waste Management and Fluid segments both grew, with further expansion expected in Norway and the Middle East.
Fiscal Year 2025
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Record Q4 and full-year results with strong revenue and profit growth, driven by both fluid treatment and solid waste management segments. Expanding internationally, especially in the Middle East, and maintaining a robust financial position with high liquidity and reduced costs.
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Q3 saw 50% revenue growth year-over-year, with strong gains in both Fluid Treatment and Solid Waste Management. Profitability improved, liquidity remains robust, and international expansion is progressing, especially in the Middle East.
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Record Q2 revenue and profit growth driven by strong project starts and scale effects, with solid waste handling gaining share. Outlook remains highly positive, with continued high activity, international expansion, and improved financing terms supporting future growth.
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Record Q1 revenue and profit growth driven by solid waste handling and new contracts, with margins expected to improve as major projects reach steady state. Strong liquidity and a robust pipeline support continued expansion, while long-term contracts provide stability despite oil price volatility.
Fiscal Year 2024
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Record quarterly and full-year results driven by strong growth in solid waste handling and high utilization, with major new contracts secured and a robust outlook for 2025. Adjusted EBITDA and profit before tax rose sharply, supported by margin expansion and strategic investments.
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Adjusted EBITDA reached NOK 13.4 million on revenues of NOK 67.6 million, with strong market share gains and 100% uptime. Proactive investments and tightening environmental regulations support a positive outlook, with higher activity expected into 2025.