AKVA’s orderbook bolstered in Q3, but profit and revenue slip

Published on
November 5, 2021
Norway Based AKVA Group saw increased orders, but decreased profit and revenue, in Q3 2021

Norway-based AKVA Group received orders in the third quarter of 2021 worth almost three times as much as the orders it received in Q3 2020, but saw revenue and profits slip in the same period.

AKVA received orders totaling NOK 1.9 billion (USD 221.1 million, EUR 191.7 million) in the third-quarter of this year, almost trebling the NOK 647 million (USD 73.3 million, EUR 65.3 million) that it achieved in the corresponding period of 2020, with NOK 1.35 billion (USD 157.2 million, EUR 136.3…

Photo courtesy of AKVA Group

Contributing Editor reporting from London, UK

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