First Trust High Yield Opportunities 2027 Term Fund shares rise 1.07% intraday after Cambi ASA reported weak EBITDA performance in Q1 2025.
ByAinvest
Monday, May 12, 2025 2:07 pm ET1min read
FTHY--
First Trust High Yield Opportunities 2027 Term Fund rose 1.07% in intraday trading. The company Cambi ASA reported weak EBITDA performance in the first quarter due to temporary delays on ongoing projects and negative currency effects. However, the company also announced four new contracts in India, Spain, Norway, and Denmark, and entered the Indian market with a THP contract in Mumbai, marking a strategic milestone. Additionally, the company signed its first long-term service agreement for a THP system outside the UK and is delivering on 17 construction projects in line with site readiness and manufacturing schedules.

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