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

Q3 2021 Aker Horizons ASA Earnings Call Transcript

Oct 26, 2021 / 07:30AM GMT
Release Date Price: kr28.6
Kristian RÃ;kke
Aker Horizons - CEO

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Good morning, and welcome to Aker Horizons' third-quarter presentation. With me is Nanna Tollefsen, CFO, Aker Horizons; Ivar Simensen, Head of Communication, Aker Horizons; then we have Mary Quaney, CEO, Mainstream; and Paul Corrigan, CFO, Mainstream, joining us from Dublin.

I'll start with some highlights across the portfolio, then hand the word over to Mary for a Mainstream operational update, then Nanna will walk us through the financials followed by Q&A. It's been yet another active period with several milestones reached in the quarter, starting with Aker Carbon Capture.

Overall, ACC continues to perform exceptionally well in all dimensions. The share price increased by 39% in the quarter and continues to see significant interest amongst domestic and international investors.

A number of strategic partnerships were announced in the quarter, including an MoU with Carbonor to collaborate on low-emission char with carbon capture as a service. Carbonor is planning a char plant adjacent to the Northern Lights terminal in

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