Fluence Corporation - Financial close for Ivory Coast
Fluence has announced financial close on its Ivory Coast project. While there was little doubt this would be achieved at some point, it reduces uncertainty and enables at least US$20m in revenue to be recognised for work already completed. The precise timing of this revenue recognition is still unclear. Apportioning some or all of the US$20m to Q419 would significantly boost Fluence’s chances of delivering Q419 guidance (EBITDA profitability).Fluence is engaged in the application of surface coating and protection and structural rehabilitation and maintenance technologies; and mobile phone handset manufacturing and radio frequency identification tag manufacturing sectors. Through its entities, Co. is also engaged in the infrastructure and resources sectors.
Edison is an investment research and advisory company, with offices in North America, Europe, the Middle East and AsiaPac. The heart of Edison is our world renowned equity research platform and deep multi-sector expertise. At Edison Investment Research, our research is widely read by international investors, advisors and stakeholders. Edison Advisors leverages our core research platform to provide differentiated services including investor relations and strategic consulting.
.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.