Aker Carbon Capture ASA: Second quarter 2023 results
In the second quarter 2023, Aker Carbon Capture secured a contract with Ørsted with a total value of more than EUR 200 million, representing the company’s largest order intake to date. Aker Carbon Capture’s order backlog rose to NOK 3.3 billion, up from NOK 1.7 billion the same period last year. Revenues rose to NOK 305 million, up 57% compared to the same period last year. The cash position at the end of the quarter was solid at NOK 1.1 billion.The contract with Ørsted includes the delivery of five modular Just Catch 100 units and additional equipment with a total design capacity to