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Osmosun ( (FR:ALWTR) ) has issued an announcement.
OSMOSUN has adjusted its 2024 financial forecasts due to deferred revenue recognition from major projects in Mauritania and Saint Kitts, expecting a revenue of €2.6 million and an EBITDA loss of €5 million. The company is finalizing a new strategic roadmap aimed at developing standardized, modular desalination equipment to reduce dependence on large projects and accelerate delivery times, thereby strengthening its market position.
More about Osmosun
OSMOSUN is a leading provider in the water desalination industry, specializing in solar-powered solutions for both seawater and brackish water. The company focuses on providing sustainable water solutions globally, with a market emphasis on innovative, energy-efficient desalination technology.
YTD Price Performance: 68.46%
Average Trading Volume: 5,191
Technical Sentiment Consensus Rating: Hold
For detailed information about ALWTR stock, go to TipRanks’ Stock Analysis page.