Aker Horizons ASA (OSTO:AKHo_NO)
kr 2.45 0 (0%) Market Cap: 1.86 Bil Enterprise Value: 12.76 Bil PE Ratio: 0 PB Ratio: 0.46 GF Score: 26/100

Q4 2023 Aker Horizons ASA Earnings Call Transcript

Feb 15, 2024 / 07:30AM GMT
Release Date Price: kr4.24
Kristian RÃ;kke
Aker Horizons ASA - CEO

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A warm welcome to all joining today's presentation of Aker Horizons fourth quarter results. I am Kristian Røkke, CEO of Aker Horizons. Joining me are Kristoff Dahlberg, CFO of Aker Horizons; and Mary Quaney, CEO of Mainstream Renewable Power; who will present the company's main developments in the quarter. At the end, we'll open up for Q&A.

Starting with a summary of the main developments in the quarter. Aker carbon capture is benefiting from high levels of commercial activity in the CCS market in both Europe and North America and strong interest in the company's growing range of modular carbon capture facilities. This has translated into growth in paid FEEDs, pre-FEEDs, mobile test unit campaigns, and studies. Which in total increased by around 20 million tonnes of CO2 capture per year in 2023. A particular highlight was the FEED contract awarded by Hafslund Oslo Celsio to deliver Norway's first carbon capture project at a waste to energy facility. This project will be delivered based on Aker Carbon Capture's modularized just catch

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