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NORTH: NAV up 37% YoY, Q3 income NOK 37.1m, strong Reach Subsea and WCS progress

NORTH: NAV up 37% YoY, Q3 income NOK 37.1m, strong Reach Subsea and WCS progress

North Energy AsaNovember 13, 20244
NORTH: NAV up 37% YoY, Q3 income NOK 37.1m, strong Reach Subsea and WCS progress

About this update from North Energy Asa

NAV rose 37% year-over-year to NOK 591.3 million, with Q3 comprehensive income at NOK 37.1 million, driven by investment gains and strong associate performance. Reach Subsea's order backlog and market value surged, while Wind Catching Systems advanced key projects.Original document: This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.

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