DJ Waga Energy doubles H1 revenue and starts up its first international units Waga Energy Waga Energy doubles H1 revenue and starts up its first international units 27-Sep-2023 / 18:00 CET/CEST Dissemination
Waga Energy 27-Sep-2023 / 18:00 CET/CEST Dissemination of a French Regulatory News, transmitted by EQS Group. The issuer is solely responsible for the content of this announcement. =---------------------------------------------------------------------------------------------------------------------- H1 2023 results -- Strong increase in consolidated revenue to EUR13.7 million . -- Annual contractual and recurring revenue above EUR80 million, compared with EUR46 million a year ago.
The increase in renewable natural gas production also stemmed from the high level of equipment availability, which averages 95% for the entire plant fleet. The change in EBITDA also reflected higher energy and raw materials costs, although these were partially offset by indexation mechanisms included in contracts.
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