Swedish Stirling’s Q3 results reflect continued development of the company as it moves towards industrialisation. While costs of personnel and hedging have risen, these both reflect better resourcing of the company driven by the development of commercial opportunities. With projects in South Africa making progress and the agreement with SMS potentially pointing to business elsewhere, we think these results show a company well placed to deliver.
02 Nov 2021
Swedish Stirling - Q3s Reflect Continued Development
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Swedish Stirling - Q3s Reflect Continued Development
Swedish Stirling’s Q3 results reflect continued development of the company as it moves towards industrialisation. While costs of personnel and hedging have risen, these both reflect better resourcing of the company driven by the development of commercial opportunities. With projects in South Africa making progress and the agreement with SMS potentially pointing to business elsewhere, we think these results show a company well placed to deliver.