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.
Orizon signs contract with Neogás for biomethane project
Source: O Especialista – 11/13/2024. Banco Safra has a Buy recommendation for Orizon, seeing the company offering strong growth potential and trading at a discount. Orizon (ORVR3) announced that it has signed a 10-year agreement with Neogás to develop a biomethane project to produce an average of 35k m³ of biomethane per day using biogas […]
Orizon to Supply Biomethane to Neogás
Source: Brasil Energia by Eugênio Melloni – 11/12/2024 The biomethane supply contract will start in the third quarter of 2027 and will last for 10 years. The contract provides for the supply of an estimated average volume of 35,000 m³/day produced at the Tremembé Ecopark starting in the third quarter of 2027.
