Cloudberry Clean Energy ASA | First quarter 2023 report
Oslo, Norway, 11 May 2023: Cloudberry Clean Energy ASA (“Cloudberry” or the “Company”) reports a ten time increase on proportionate EBITDA on the back of tripling of production in the first quarter 2023 compared to the same quarter last year.· Financial highlights · Strong growth in revenue and profitability over the quarter. Consolidated and proportionate revenue of NOK 68m (30m) and NOK 115m (38m) in the first quarter respectively (same quarter last year) · Consolidated and proportionate EBITDA of NOK 20m (12m) and NOK 48m (5m) in the first quarter respectively · The