Norlys increases revenue and invests massively in infrastructure
Revenue reached 9.1 billion kroner in the first half of the year, but the pre-tax result was -480 million kroner due to integration costs and high investments of 1.9 billion kroner.
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Energy, telecommunications, and digital services provider
norlys.dkLast updated
In short: Norlys reported record-high electricity prices and heavy losses while investing heavily in infrastructure and restructuring.
Revenue reached 9.1 billion kroner in the first half of the year, but the pre-tax result was -480 million kroner due to integration costs and high investments of 1.9 billion kroner.
The report shows reductions in CO₂ emissions by 18% from own activities and 12% in the value chain as well as gender pay gap at 6.1%.
Turnover rose to 16.3 billion kroner, but the result was negative at -1.078 billion due to integration costs. Investments went to electricity, fiber, and mobile networks.
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