Report
Ole Martin Westgaard
EUR 87.46 For Business Accounts Only

Aker Biomarine (Buy, TP: NOK120.00) - Circularity as a Service next

Aker BioMarine announced it will launch a new company called AION, which will offer Circularity as a Service to companies with a desire to recycle waste and re-use materials. Although, it is still early days, we believe this represents a unique way for Aker BioMarine to leverage on its knowledge and competence in the re-use and recycling of plastic. The market potential could be significant given that the recycling-based profit pool is estimated to reach USD60bn by 2030. We have no value for Aion in our SOTP of cNOK180 of Aker BioMarine today.
Underlying
Provider
DnB Markets
DnB Markets

DNB Markets is the investment banking arm of DNB Bank ASA and is focused primarily on the Nordic region, as well as internationally on niches such as global shipping, energy and related services, and seafood. DNB Markets offers services in FICC, Equities and Investment Banking advisory from offices in Oslo, Stockholm, London, Singapore and New York. Equity research coverage is offered on c250 Nordic companies. DNB was ranked no.2 in Extel Nordic Research 2017. The DNB Markets’ Credit and FICC Macro & FX Research teams are repeatedly highly rated by Prospera Nordic Institutional Investor Surveys.

 

Analysts
Ole Martin Westgaard

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