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Bewi ASA ( (DE:5T0) ) just unveiled an announcement.
BEWI ASA reported a second consecutive quarter of sales and volume growth, with net sales reaching 187.9 million euros and an adjusted EBITDA of 15.0 million euros. The company’s insulation business saw significant growth, while the packaging and circular businesses also demonstrated solid progress. BEWI announced a merger of its RAW division with Unipol, enhancing its competitiveness in the European EPS raw materials market, and is divesting parts of its food packaging business, expecting to finalize these transactions in the coming months. Despite market challenges, BEWI remains optimistic about future growth opportunities.
More about Bewi ASA
BEWI ASA is an international provider of packaging, components, and insulation solutions, with a strong focus on sustainability throughout its value chain. The company is committed to leading the change towards a circular economy and is listed on the Oslo Børs under the ticker BEWI.
Average Trading Volume: 66,529
Current Market Cap: NOK4.34B
See more data about 5T0 stock on TipRanks’ Stock Analysis page.