VOW Vow ASA

Vow ASA: Secures retrofit contract in cruise

Vow ASA: Secures retrofit contract in cruise

Oslo, 20 February 2025: Vow ASA (OSE: VOW) subsidiary Scanship AS has won a EUR 3.4 million contract to provide equipment for a cruise ship retrofit in Europe.

The equipment will be delivered to the shipyard in the first quarter 2026. The work scope may be extended to include installation of the same equipment. This is being tendered as a separate contract.

“This is a key strategic win as it is our first retrofit project with this customer. We have worked with them on several newbuild projects in the past and know them well. They have signalled a comprehensive retrofit programme which we hope we will be part of,” said Henrik Badin, CEO of Vow ASA.

For more information, please contact

Henrik Badin, CEO, Vow ASA

Tel: 5

Email:

Tina Tønnessen, CFO, Vow ASA

Tel: +47 406 39 556

Email:

About Vow

Vow and its subsidiaries Scanship, C.H. Evensen and Etia are passionate about preventing pollution. The company’s world leading solutions convert biomass and waste into valuable resources and generate clean energy for a wide range of industries.

Advanced technologies and solutions from Vow enable industry decarbonisation and material recovery. Biomass, sewage sludge, plastic waste and end-of-life tyres can be converted into clean energy, low carbon fuels and renewable carbon that replace natural gas, petroleum products and fossil carbon. The solutions are scalable, standardised, patented, and thoroughly documented, and the company’s capability to deliver is well proven.

The company is a cruise market leader in wastewater purification and valorisation of waste. It provides technology and solutions which enable industries to transition towards a fossil-free future by converting biomass and waste into valuable resources and clean energy. The company also has strong niche positions in food safety and robotics, and in heat-intensive industries with a strong decarbonising agenda.

Located in Oslo, the parent company Vow ASA is listed on the Oslo Stock Exchange (ticker VOW).

 



EN
20/02/2025

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Vow ASA

 PRESS RELEASE

Vow ASA: Notification of trade – primary insider

Vow ASA: Notification of trade – primary insider Thomas Borgen, who is Chair of board of Vow ASA has purchased 250 000 shares. After this transaction, Mr. Borgen and close associates owns 776 291 shares in the Company. About Vow Vow and its subsidiaries Scanship, C.H. Evensen and Etia are passionate about preventing pollution. The company’s world leading solutions convert biomass and waste into valuable resources and generate clean energy for a wide range of industries. Advanced technologies and solutions from Vow enable industry decarbonisation and material recovery. Biomass, sewage ...

 PRESS RELEASE

Vow ASA: Grant of synthetic options

Vow ASA: Grant of synthetic options Oslo, 4 March 2025: Reference is made to the exchange announcement published by Vow ASA (the "Company") on 5 February 2025 regarding the appointment of Gunnar Pedersen as its new Chief Executive Officer, effective no later than 1 August 2025. Mr. Pedersen has today been granted synthetic options equivalent to a value of NOK 1,000,000. The options are to be cash settled, subject to a 3-year term, a strike price of NOK 4 and customary terms and conditions. This information is subject to the disclosure requirements pursuant to section 4.2.4(1) no. 1 of the ...

 PRESS RELEASE

Vow ASA: Full year and second half of 2024 results

Vow ASA: Full year and second half of 2024 results Oslo, 27 February 2025: Vow ASA (OSE: VOW) achieved revenues for the full year 2024 of NOK 1 018.2 million, corresponding to an 11 per cent increase from the year before. EBITDA before non-recurring items was NOK 61.1 million for the full year, compared with negative NOK 23.4 million in 2023. "2024 marked a significant milestone for Vow, as the company exceeded NOK 1 billion in annual turnover. EBITDA showed a significant shift to positive in 2024 even if we were still burdened by low margins in legacy projects in the cruise sector and too...

 PRESS RELEASE

Vow ASA: Invitation to Vow ASA second half 2024 presentation and Q&A

Vow ASA: Invitation to Vow ASA second half 2024 presentation and Q&A Oslo, 24 February 2025: Vow ASA (OSE: VOW) will release its report for the second half of 2024 on Thursday 27 February 2025 at 08:00 CET. The update will be published on  and on the company’s web site . 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 in Oslo. The session will also be streamed via webcast. To register and follow the presentation online...

 PRESS RELEASE

Vow ASA: Secures retrofit contract in cruise

Vow ASA: Secures retrofit contract in cruise Oslo, 20 February 2025: Vow ASA (OSE: VOW) subsidiary Scanship AS has won a EUR 3.4 million contract to provide equipment for a cruise ship retrofit in Europe. The equipment will be delivered to the shipyard in the first quarter 2026. The work scope may be extended to include installation of the same equipment. This is being tendered as a separate contract. “This is a key strategic win as it is our first retrofit project with this customer. We have worked with them on several newbuild projects in the past and know them well. They have signalled...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch