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%, […]
Circular Economy in Brazil, Opportunities and Challenges
Companies are key players in the process of more conscious consumption, developing technologies and positive solutions for the environment and society. Applying circular economy in Brazil could be one of the solutions for the country to stand out in sustainable innovation. Circular Economy in Brazil: An Overview Brazil is already recognized for its innovation capacity, […]
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.
