Earnings PerformanceOrsero reported a very strong Q3, beating analyst expectations and confirming the recently raised full-year guidance.
Revenue GrowthRevenues up by 10.5% YoY, significantly above market average, driven by higher volumes and prices, mainly thanks to the product mix and inflation as well.
Strategic SuccessDespite cyclical maintenance OpEx weighing on Shipping margins, Orsero exceeded its 5% target with adjusted EBITDA, confirming the success of its strategy.