VOW ASA SSHPF overview

Oslo, 4 April 2024: Vow ASA (OSE: VOW) Scanship AS has achieved a significant milestone today by securing a change order worth EUR 2.1 million from a prominent European shipyard. This is a change order to two existing contracts in the company’s backlog. With this change order, the total scope of the largest contract now amounts to EUR 10.4 million, ranking it as the largest single technology supply contract ever awarded to Scanship for a cruise ship under construction. “This is more than...

Vow has received questions suggesting that recent media coverage and an analyst report have left the impression that Vow from 2019 has misreported cost. This is not correct. Apparently, the analysis and the media report have overlooked that the company has capitalised relevant development costs during the period. Since 2019 Vow has successfully introduced new internally generated technology and entered into new markets. For selected contracts that have required new technology, some operational...

Oslo/Fredrikstad, 6 March 2024: Vow ASA (OSE: VOW) subsidiary C.H. Evensen continues to prove its relevance in the heat intensive industry sector, this by being awarded NOK 30 million of contracts to undisclosed blue chip recurring customers in Europe. The bidding activity continues to be high in Vow’s Heat Solutions division, and the order backlog within this division now stands at around NOK 110 million of which a substantial part will convert to revenue in 2024 with robust margins. Faced...

Oslo, 29 February 2024: Vow ASA (OSE: VOW) yesterday published the report for the full year and second half of 2023. Today, on Thursday, 29 February at 09:00 CET, CEO Henrik Badin and CFO Tina Tønnessen will present and comment the results. The presentation material is attached to this release. The session will be held at Haakon VII's gate 2, 0161 Oslo. Participants are welcome to join in person or via livestream. The streaming link will also be available for replay after the event. The session...

Oslo, 28 February 2024: Vow ASA (OSE: VOW) revenues for the full year 2023 were NOK 918.5 million, a 17 per cent increase from the year before. EBITDA before non-recurring items was negative NOK 23.4 million for the full year. In addition, the company recorded non-recurring items of negative NOK 31.3 million, mainly related to non-cash balance sheet clean-up in contract accruals. This resulted in a negative EBITDA for the year of NOK 54.7 million versus a positive NOK 85.5 million in 2022....

Oslo, 22 February 2024: Vow ASA (OSE: VOW) will release its report for the second half of 2023 on Thursday 29 February 2024 at around 07:00 CET. The update will be published on https://newsweb.oslobors.no/ and on the company’s web site www.vowasa.com. Vow ASA is pleased to invite shareholders, investors, analysts, and other interested parties to a presentation of the results and a Q&A at 09:00 CET on the same day. Personal attendance is welcomed at Haakon VII's gate 2, 0161 Oslo. The session...

Vow ASA (OSE: VOW) subsidiary Scanship AS has been awarded a contract with a major European shipyard to deliver technology on what will be one of the world’s largest cruise ships under construction. The contract covers equipment delivery in 2024 for a first ship and was first mentioned by Vow as an option in 2019. According to the new contract, the customer may order similar equipment for delivery to yet another ship in 2025. The total combined value of the firm order and the option for...

Trethom AS (“Trethom”) has on 6 February 2024 acquired 244 852 shares and voting rights in Vow ASA (“Vow”). Trethom owns together with related associates, total shareholding of 5 926 829 (5.16 %) shares and voting rights. For more information, please contact: Henrik Badin, CEO, Vow ASA Tel: +47 90 78 98 25 Email: [email protected] Tina Tønnessen, CFO, Vow ASA Tel: +47 406 39 556 Email: [email protected] About Vow Vow and its subsidiaries Scanship, C.H. Evensen and Etia are...