HMH revenues of USD 214m (+10% vs. ARCe, +5% y-o-y)HMH EBITDA of USD 45m (+29% vs. ARCe, +31% y-o-y)Akastor remains net cash at NOK 752m (-3% vs. ARCe)Reiterated divestment commentsWe view the report as neutral for Akastor equity
30 Oct 2024
Arctic FLASH: Akastor - Neutral quarter - EBITDA beat in HMH but low cash conversion
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Arctic FLASH: Akastor - Neutral quarter - EBITDA beat in HMH but low cash conversion
Akastor ASA (AKAST:OSL) | 0 0 0.0%
- Published:
30 Oct 2024 -
Author:
Sebastian Grindheim | Ole H. Berg -
Pages:
11 -
HMH revenues of USD 214m (+10% vs. ARCe, +5% y-o-y)HMH EBITDA of USD 45m (+29% vs. ARCe, +31% y-o-y)Akastor remains net cash at NOK 752m (-3% vs. ARCe)Reiterated divestment commentsWe view the report as neutral for Akastor equity