Asker, Norway, 21 September 2023
As a part of the new strategic direction, as announced in the notice issued on
14 September 2023, the company has made changes to its reporting segments. The
new reporting structure will result in better alignment between company
strategy, operations, and financials.
The company's financial reporting as of the third-quarter interim report, to be
published on 9 November 2023, will be based on the following reportable
segments:
Technology: Sales activities, R&D, manufacturing and the delivery of world-class
thermal hydrolysis process (THP) technology for sludge treatment to customers
around the globe.
Solutions: Value-adding services after the delivery of THP technology, such as
maintenance, repairs, upgrades, modifications etc., in addition to recycling of
biosolids into organic resources for agriculture.
More information about the change in business segments will be made during the
Capital Markets Update on 27 September 2023 at 10:00 AM CET.
Historical financial information of the new business segments for comparison
purposes is attached, and is also available at
https://www.cambi.com/investors/the-share/
For more information, please contact:
Mats Tristan Tjemsland, CFO, +47 920 67 094, mats.tjemsland@cambi.com
This information is subject to the disclosure requirements pursuant to Section
5-12 the Norwegian Securities Trading Act.
About Cambi:
Cambi is a global biogas technology and solutions supplier for wastewater
treatment plants and anaerobic digestion facilities. Since 1992, Cambi has
retained market leadership through continuous innovation and a robust portfolio
of proven and patented technologies. With strong project delivery and customer
support capabilities, the company has delivered many well-performing
installations in 27 countries on six continents.
Cambi's thermal hydrolysis process increases renewable energy output, reduces
operational costs, and minimises greenhouse gas emissions. It is suitable for
all biosolids outlets, including land application and thermal processes such as
drying, pyrolysis, and incineration. Thermal hydrolysis is compatible with all
sludge and waste treatment regulations and easy to integrate at new and existing
anaerobic digestion sites.
Cambi is listed on Euronext Growth Oslo, a multilateral trading facility in
Euronext, Europe's largest stock exchange platform. Find out more at cambi.com.