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Babcock & Wilcox narrows losses and secures $26m in loss recovery

Vølund now organised within the B&W Renewable segment

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(USA) – In its first financial statement using its new divisional structure, the US energy technology company Babcock & Wilcox (B&W) reported a significant improvement in its third quarter results. According to CEO Kenneth Young, the stronger performance had been driven by an insurance recovery and the execution of ...

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