OB:CLOUDRenewable Energy
Cloudberry Clean Energy (OB:CLOUD): One-Off Gain Challenges View on Sustained Profit Quality
Cloudberry Clean Energy (OB:CLOUD) has crossed into profitability, posting earnings growth of 24.2% per year over the past five years. Looking forward, both revenue and earnings are forecast to soar, with revenue seen climbing 23.3% per year and earnings by 32.3% per year, significantly ahead of the Norwegian market average. While underlying profit and revenue trends appear positive, it is worth noting that the latest results included a substantial one-off gain of NOK 118.0 million, which may...