Aker Carbon Capture ASA: Fourth quarter 2023 results
In the fourth quarter 2023, Aker Carbon Capture recorded high commercial activity across Europe and the United States. The company’s order backlog increased to NOK 2.6 billion, up from NOK 1.3 billion in the same period last year. Revenues rose to NOK 573 million, up 139% compared to the same period last year. The cash position at the end of the fourth quarter was solid at NOK 1.1 billion.“Aker Carbon Capture is experiencing an acceleration in market activity and strong interest in our growing range of modular carbon capture facilities. In 2023, we cemented our leading market position