Lamor Corporation Oyj

Earnings Release • Jan 8, 2025

Disclosure 453747

Lamor Corporation Oyj - Inside information

Inside information: Lamor wins an EUR 8 million environmental protection technology order from Kuwait

Lamor Corporation Plc | Inside Information | January 08, 2025 at 10:20:00 EET

Inside information: Lamor wins an EUR 8 million environmental protection technology order from Kuwait

Lamor has received an EUR 8 million order for environmental protection technology from Kuwait. The technology will used to protect marine life and the shores of the Arabian Gulf. The order has been entered into Lamor’s order backlog in the first quarter of 2025 and will be delivered in the second half of 2025.

This significant technology order further strengthens Lamor's position and installed equipment base in the key Middle Eastern market and supports the company's environmental protection business, which is one of the cornerstones of the updated strategy for profitable growth.

Further information

Johan Grön, CEO, Lamor Corporation Plc

+358 40 5464186, johan.gron@lamor.com

About Us

Lamor is one of the world’s leading providers of environmental solutions. For four decades, we have worked to clean up and prevent environmental incidents on land and at sea.

Environmental protection, soil remediation and material recycling: Our innovative technologies, services and tailored solutions, ranging from oil spill response, waste management and water treatment to soil remediation and plastic recycling, benefit customers and environments all over the world.

We are capable of vast and fast operations thanks to our connected ecosystem of local partners, steered by our experts. We have over 600 employees in more than 20 countries. In 2023, our turnover was 123 million euros. Lamor's share is listed on the Nasdaq Helsinki (ticker: LAMOR). Further information: www.lamor.com