Brief: Bw Ideol FY EBITDA Narrows To EUR 2.74 Mln

BW Ideol AS

16/02/2023 15:07

Feb 16 (Reuters) - Bw Ideol AS  BWIDL.OL :
    * EXPECTS TO RAISE ADDITIONAL FUNDING IN H1 2023 TO EXECUTE GROWING PIPELINE OF PROJECTS
UNDER
DEVELOPMENT AND UPCOMING TENDERS
    * BW OFFSHORE HOLDINGS PTE LTD IS ANTICIPATING TO GRANT A LENDING FACILITY OF EUR 10 MILLION
    * CONSIDERS ITSELF TO BE AHEAD OF PLAN FOR 10 GW TARGET BASED ON RECENT PROGRESS
    * FULL-YEAR 2022 REVENUE OF EUR 6.6 MILLION
    * FY EBITDA FOR PERIOD EUR 2.74 MILLION, A DECREASE FROM A LOSS OF EUR 7.76 MILLION IN 2021

Source text for Eikon:  ID:nGNE9gXdNY 
Further company coverage:  BWIDL.OL 
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