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Soiltech Announces first quarter 2024 Results

By 30/04/2024No Comments1 min read

In the first quarter of 2024 Soiltech continues the growth and delivered another strong quarter, with revenues of MNOK 56 a year on year growth of 39%, EBITDA from operations of MNOK 9.9, and profit before tax of MNOK 3.1.

HIGHLIGHTS

  • Equinor exercised option to extend the waste management contract with Soiltech, till May 2026
  • Several other contracts signed with leading clients
  • Full commercial uptime on all operating units

“The foundation for Soiltech’s culture and success is the commitment of the Soiltech team and the deep expertise we have in our field. Our ability to continuously develop and improve on technologies and solutions are creating major opportunities for Soiltech.” says Soiltech’s CEO Jan Erik Tveteraas.

About Soiltech

Soiltech is an innovative technology company specializing in the treatment, recycling and responsible handling of contaminated water and solid waste at site. Our technologies enable cost savings and lower CO2 emissions through waste reduction, waste recovery and reuse.

Soiltech operates world-wide and is headquartered in Norway. We are listed on Euronext NOTC in Norway under the ticker SOIL.

SOILTECH Q1 2024

Contacts:

Tove Vestlie, CFO, +47 90690648

Jan Erik Tveteraas, CEO, +47 95214925