BWSC loses all steam
A drop in new EPC orders of 95 percent overshadows shrinking revenue and a major deficit. This year looks better, though it probably won't reach sky height, says the power plant producer's CEO, who fights to simplify matters.
Normally, a deficit of DKK 101 million (EUR 13.5 million) before taxes would be the most alarming thing in a fiscal report. Alternatively, revenue dropping by a fourth. Although both things applied to power plant producer BWSC in 2019, it's a third number that really has the company distressed.
Already a subscriber?Log in here
Read the whole article
Get access for 14 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.
With your free trial you get:
Get full access for you and your coworkers
Start a free company trial todayRelated articles
BWSC secures first order in more than one year
For subscribers
BWSC held unfair advantage in public tender
For subscribers
.jpg&w=384&q=75){kind=logo}
