Redeye is encouraged by Climeon's sale of one HP300 unit to NovaAlgoma Cement Carriers that was announced today.
Redeye makes downward estimate revisions following Climeon’s Q3 report, mainly driven by the absence of new orders.
Redeye comments on Climeon’s Q3 figures that posted a variety of deviations from our estimates.
Last night, Climeon announced a directed share issue of SEK50m adding about a year of runway in our estimates.
Redeye makes negligible estimate revisions on the back of Climeon’s Q2 figures which was in line with our estimates.
Redeye comments on Climeon’s Q2 figures being without any material income in the quarter, which was in line with our expectations.
Redeye initiates coverage of Climeon, providing an attractive waste heat recovery solution generating emission-free electricity from low-tem...
