Report
Kristof Samoy

NX Filtration HF UF contract win in Saudi Arabia

This morning NXFIL announced a contract win for 800 modules of HF UF modules to Kindasa Water Services (KWS), a private potable water supplier in Saudi Arabia. The order relates to UF membranes and not the high(er) margin dNF membrane modules. We estimate linked revenue recognition in 2024 to be around €1.2m.
Underlying
NX FILTRATION HLDG BV

Provider
KBC Securities
KBC Securities

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Analysts
Kristof Samoy

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