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alteogroup

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Eco-First and Mol sign a service contract

D&T
May 27, 2024

Eco-First Ltd, a wholly-owned subsidiary of Alteo, and Mol Plc. have signed a long-term service contract for the utilisation of high inert natural gas, Alteo Energy Services Plc. announced on the website of the Budapest Stock Exchange (BSE) on Monday. Under the 10-year contract, Eco-First will be responsible for preparing the high-inert gas extracted by […]

Alteo HUF 11.3 Billion Net Profit in Q1-Q3 2023

D&T
Nov 13, 2023

Alteo Group reported a consolidated net profit of HUF 11.3 billion in the first nine months of the year, an increase of 1% compared to the same period last year, the company said on Monday on the website of the Budapest Stock Exchange.  Consolidated earnings before interest, tax, depreciation and amortization (consolidated EBITDA) reached HUF […]

Alteo: Higher Revenues and Profits in H1 2023

D&T
Aug 28, 2023

Alteo Group achieved consolidated revenues of HUF 58.8 billion in the first half of this year, up 55% compared to the same period last year, while its profit after tax increased by 10% to HUF 8.8 billion in the same period, the energy services and trading company announced on the website of the Budapest Stock […]

Successful Year for Alteo Plc. in 2022

D&T
Feb 17, 2023

Energy services provider and trader Alteo Group achieved a net profit of HUF 12.9 billion in 2022, an increase of 120% compared to 2021, the company said on Friday. Alteo has been successful despite the challenges in the energy market, turning difficulties to its advantage with a strategy based on sustainability and renewable energy, the […]

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