Norbit ASA (OB:NORBT) is looking for acquisitions. During the company?s fourth quarter and full year 2023 presentation, Per Jorgen Weisethaunet said that ?we still continue to explore value-accretive acquisitions to add to these targets, which is purely organical. Per Reppe, Chief Financial Officer said that ?This slide summarizes our approach to capital allocation and how it supports our growth ambitions.

As part of the capital allocation framework, we will continue to remain a financially robust company. Supporting the flexibility needed to grow towards the target set by investing and employing capital in accretive R&D projects and expanding production capacity. In order to accelerate growth beyond the organic target, we will continue to explore value-accretive acquisitions through our defined criteria, which Per Jorgen will say a few words about later on this presentation?.

?With a net debt-to-EBITDA ratio of 0.5 and a liquidity buffer of NOK 530 million as per the end of the fourth quarter, our balance sheet is rock solid, allowing us to invest to pursue strategic acquisitions as well as distribute dividends to our shareholders?.