OptiCept expands its presence in the olive oil sector
OptiCept continues to expand its presence in the olive oil sector with a series of agreements in Andalusia, Spain, demonstrating the growing acceptance and strategic value of its PEF technology.
Today, August 1, 2024, OptiCept announced a lease agreement with Finca Duernas, an esteemed olive oil producer in Cordoba, Andalusia. The lease includes an option to purchase, and the PEF system is expected to be operational by September.
This follows a similar lease agreement on July 17, 2024, with Oleícola San Francisco, another notable olive oil producer in Jaen, Andalusia. Oleícola San Francisco will also rent OptiCept's PEF system for the 2024-2025 season, with an option to purchase. The machine is scheduled to be installed in September.
Additionally, on July 15, 2024, OptiCept secured an order from Cortijo La Labor in Jaen, Andalusia, for an oliveCEPT® machine worth 180,000 Euros, scheduled for installation in September.
OptiCept’s strategic expansion in Andalusia, a central hub of global olive oil production, indicates the company’s growing influence and increasing recognition of its PEF technology.
While these agreements strengthen OptiCept's market position and provide valuable reference installations, it is important to note that our current estimates already factor in strong growth projections for the company. These steps align well with our expectations, yet we will not make any changes to our estimates or recommendations at this time.
OptiCept Technologies
OptiCept Technologies is a provider of the food and plant industry with technological solutions that are used to increase the sustainability of various raw materials. The company works with biological processes that provide increased extraction from the raw material, extended shelf life reduced waste, and retained taste, aroma, color, the nutritional content of the end product. The company has a patented technology within PEF (pulsed electric field) and VI (Vacuum Infusion). The company sells its products on a global level and is headquartered in Lund.
Read more on company pageKey Estimate Figures04.06
2023 | 24e | 25e | |
---|---|---|---|
Revenue | 9.1 | 47.3 | 89.0 |
growth-% | -12.90 % | 417.64 % | 88.00 % |
EBIT (adj.) | -73.6 | -38.7 | -17.8 |
EBIT-% (adj.) | -804.81 % | -81.85 % | -19.97 % |
EPS (adj.) | -2.00 | -0.91 | -0.38 |
Dividend | 0.00 | 0.00 | 0.00 |
Dividend % | |||
P/E (adj.) | - | - | - |
EV/EBITDA | - | - | 99.74 |