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Scanship Operational Update – Strong revenue and profit growth

Scanship continues the result improvements with first quarter revenues of NOK 93.3 million (77.4), a growth of 21 %, and EBITDA of NOK 11.1 million (9.0), a growth of 23 %. Breakthrough contracts have also been made for our Waste to Energy (WtE) technology, both towards the cruise industry and landbased applications.

“We are very proud of our performance. Results continue to improve and at the same time we are recording an all-time high order backlog of NOK 680 million. Our efforts to focus on improving our client’s environmental footprint by delivering solutions for cleaner oceans pays off”, says Henrik Badin, CEO of Scanship.

See video presenting the higlights from Q1 2019: