One of the risks with this company : rather high exposure to the oil sector.
But looking at the last 3 major order announcements by the company, none seems to be related to the oil and gas sectors : 1 for gold mining, another one for bridges and the last one for the water sector.
Also good to see that the company is trying to increase its exposure to the defence sector, in particular via the acquisition of Piping Solution in Nov 23.
N.B. I was indicating in the post above, the significant revenue growth.
Of course, we need to focus more on the organic growth as the company has been doing several acquisitions recently.
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