Swiss waste to energy technology company Kanadevia Inova (Inova) is expected to post revenues of JPY224bn, or around €1.37bn, in its 2024/25 financial year. This revised revenue forecast from Inova's Japanese parent company would be an increase of 13 per cent compared to its turnover figure for the prior year, and a significant improvement on the Kanadevia Corporation's earlier projection of 1 per cent revenue growth.
Kanadevia Corporation also revised its full-year forecast for Inova's operating earnings and order intake upward. The factors contributing to the latter's anticipated increase include Inova's acquisition of B&W's Danish aftermarket wte parts and services business in June, Kanadevia explained....
