Aker Carbon Capture ASA (LTS:0ZCB)
kr 6.1925 -0.0475 (-0.76%) Market Cap: 3.81 Bil Enterprise Value: -702.85 Mil PE Ratio: 0.80 PB Ratio: 0.69 GF Score: 45/100

Q1 2021 Aker Carbon Capture AS Earnings Call Transcript

May 04, 2021 / 07:30AM GMT
Release Date Price: kr15.33 (-8.87%)
Ivar Simensen

Good morning. (foreign language).

Valborg Lundegaard
Aker Carbon Capture AS - CEO

Good morning. Aker Carbon Capture's first quarter included the start-up of the Brevik CCS EPC project and several new partnerships. We have experienced positive market development in the quarter with continuous increase in CO2 quota prices, several countries and companies setting more ambitious targets for CO2 reduction and most important, increased activity in group. Our focus is on the CCUS market only, and our customers will have our full attention. And for investors, this opens up for investments in a pure-play company, not a conglomerate of segments.

Our proprietary technology has been developed over 20 years, and it's validated over 50,000 operating hours and certified for several applications by D&B. Aker Carbon Capture's technology is cost effective, robust and flexible to us. They want to reduce their emissions and not introduce new emissions or hazardous chemicals. That is why our technology's unique HSE characteristics are also a commercial

Already have an account? Log in
Get the full story
Access to All Earning Calls and Stock Analysis
30-Year Financial on one screen
All-in-one Stock Screener with unlimited filters
Customizable Stock Dashboard
Real Time Insider Trading Transactions
8,000+ Institutional investors’ 13F holdings
Powerful Excel Add-in and Google sheets Add-on
All data downloadable
Quick customer support
And much more...
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot