Orizon forecasts price and demand gains with the international carbon market
Source: MEGAWHAT by Poliana Souto – 11/14/2024. The company’s net profit was R$ 37.1 million, nearly 21 times higher than R$ 1.8 million in the same period of the previous year. Orizon views advances in the regulatory agenda as a means to guide its area of operation, contributing to organic growth. According to the company’s […]
Orizon (ORVR3): 3Q24 Results
Source: Expert XP by Vladimir Pinto and Bruno Vidal – 11/14/2024 Orizon reported positive 3Q24 results, with an adjusted EBITDA of R$ 132 million, aligning with our estimates. During the quarter, the company sold carbon credits, generating additional revenues of R$ 37.4 million. This, coupled with growth in the waste management business, explains the positive YoY […]
Orizon Reports Profit of R$ 37.1 Million in the Third Quarter, an Impressive Growth
Source: Tela Portal – 11/14/2024 Tela Summary Orizon, a company specializing in waste management, reported a profit of R$ 37.1 million in the third quarter of 2024, a significant increase of nearly 21 times compared to the profit of R$ 1.8 million in the same period last year. Revenues also showed impressive growth of 29.3%, […]
Orizon reports a net profit of R$ 37.1 million in Q3
Source: Valor Econômico by Ana Beatriz Bartolo – 13/11/2024 Orizon, a waste management company, recorded a profit of R$ 37.1 million in the third quarter, a growth of almost 21 times compared to the R$ 1.8 million reported a year earlier. On the same basis of comparison, revenues increased by 29.3%, reaching R$ 249.1 million.