It is nice to have some publicity for us at GWI magazine. Looking forward to have a read on the interview soon.Strong quarter rounds out Fluence’s year of recovery
ASX-listed Fluence Corporation celebrated its second consecutive year of positive EBITDA in 2021, as group-wide revenues pierced US$100 million, thanks partly to a ramp-up in sales of its flagship MABR products.
Despite the positive direction, the market has been slow to recognise the progress made since Fluence’s strategic repositioning in Q4 2020, as brokers marked the shares down by a third over the course of last year.
Going forward, there is renewed hope that the value creation story can be reinforced through an increased focus on building recurring revenues – and a renewed marketing push to outline the ESG credentials of Fluence’s flat-sheet MABR technology.
At the same time, the group is sharpening its focus by divesting the non-core anaerobic digestion business based in Italy.
Watch out for the full interview with CEO Richard Irving in this month’s issue of Global Water Intelligence magazine, due to be published on 17 February.
https://www.globalwaterintel.com/news/2022/5/strong-quarter-rounds-out-fluence-s-year-of-recovery?utm_content=buffer55746&utm_medium=social&utm_source=linkedin.com&utm_campaign=buffer
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- Ann: Fluence Business Update for Q4 2021
Ann: Fluence Business Update for Q4 2021, page-24
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