Aker Carbon Capture ASA: Third quarter 2023 results
In the third quarter 2023, Aker Carbon Capture secured a number of strategic pre-FEEDs and engineering studies across Europe and North America. Aker Carbon Capture’s order backlog rose to NOK 3.0 billion, up from NOK 1.5 billion in the same period last year. Revenues rose to NOK 440 million, up 116% compared to the same period last year. The cash position at the end of the quarter was solid at NOK 1.3 billion.“Aker Carbon Capture is experiencing high levels of commercial activity on both sides of the Atlantic, resulting in a steady growth of our pipeline of Just Catch studies and pre-FEEDs.