Optimarin today announced that its final figures for 2019 show a record-breaking year for the ballast water treatment (BWT) specialist, with close to a doubling of revenues for system sales and servicing, healthy profits, and a significantly increased order intake. The Norwegian headquartered firm, which celebrated its 25th anniversary last year, is now looking to continue the growth in 2020 ahead of what CEO Leiv Kallestad refers to as “the imminent retrofit wave.”
After a solid 2018, Optimarin continued its upwards trajectory by recording revenues of around NOK 300million (USD 33million) with an EBITDA of approximately 10%. It has now sold close to 1000 of its market proven, USCG approved and simple to install UV-based systems.