In the third quarter of 2023, Soiltech has continued its growth trajectory, achieving record-high levels of activity. Revenues reached MNOK 66.4, with EBITDA at MNOK 15.7, and a solid pre-tax profit of MNOK 8.2. This success can be attributed to the increasing demand for our innovative and sustainable waste treatment solutions, which contribute significantly to reducing our clients’ carbon footprint.
HIGHLIGHTS
- Excellent operational performance with full commercial uptime on all operating units
- Increased demand across our comprehensive technology portfolio
- International operations now account for approximately 24% of total revenues as our global footprint expands
“Soiltech’s Q3 results reflect the strength of our client base and international growth. Our full technology portfolio has experienced a surge in demand, which can be attributed to our commitment to delivering innovative solutions, maintaining robust operations, and the exceptional dedication of the Soiltech team” says Soiltech’s CEO Jan Erik Tveteraas.
ABOUT SOILTECH
Soiltech is an innovative cleantech service provider specializing in sustainable treatment, recycling and handling of contaminated water and solid industrial waste streams. The Company operates world-wide, with its head-office in Sandnes, Norway.