Vow ASA: Restatement of EBITDA in the Q1 2025 report and expected one-off EBITDA charge in the H1/Q2 2025 accounts Oslo, 15 July 2025: Reference is made to the publication of Vow ASA’s (the "Company") (OSE ticker: VOW) Q1 2025 report published 28 May 2025 (the "Q1 Report"). The Company has identified a technical accounting error in the Q1 Report, resulting in an overstatement of NOK 16 million in the EBITDA reported for the period, primarily affecting the Industrial segment. In addition, the Company expects to record a one-off EBITDA charge in the H1/Q2 2025 accounts for an amount in the ra...
Vow ASA: Vow receives settlement for VGM shares and loan repayment Oslo, 30 June 2025 | Vow ASA (OSE: VOW) is pleased to confirm receipt of settlement for the sale of its shares held in Vow Green Metals AS (“VGM”), and that the convertible loan to VGM has been repaid in full. Reference is made to the stock exchange announcement published 16 May 2025, stating that Vow ASA (“Vow”, “the Company”) has undertaken to accept the Offer made by Midas Industri AS (“HitecVision”) to acquire all the shares in Vow Green Metals AS (“VGM”). Today, Vow has received net proceeds of NOK 35.1 million from ...
Vow ASA: Notification of trade by primary insider Cecilie Brænd Hekneby, CFO in Vow ASA, has purchased 220 000 shares. After this transaction, Mrs. Hekneby and close associates own 2 571 311 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 sludge, p...
Vow ASA: Notification of trade by close associate of primary insider Ulf Tore Hekneby, close associate of Cecilie Brænd Hekneby, CFO in Vow ASA, has purchased 81 311 shares. After this transaction, Mr. Hekneby and close associates own 2 351 311 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 decarbonis...
Vow Q1: Extended loan facility and adjusted covenant structure Oslo, 28 May 2025 – Vow ASA (OSE: VOW) has extended the maturity of its loan facilities by 12 months, to Q3 2027, and amended covenants with improved headroom. Further, the guarantee facility increased from NOK 80 million to NOK 100 million. For more details, please see note 2 in the Trading update report for Q1 2025 published as a separate stock exchange announcement today. For more information, please contact: Gunnar Pedersen, CEO, Vow ASATel: +47 916 30 304Email: Cecilie Brænd Hekneby, CFO, Vow ASATel: +47 992 93 826...
Vow Q1: Key indicators improved, work remains to ensure long-term sustainable profitability Oslo, 28 May 2025 – Vow ASA (OSE: VOW) had revenues of NOK 260.8 million in the first quarter of 2025, up 12.3 per cent from NOK 232.3 million in the same quarter last year. EBITDA before non-recurring cost was NOK 13.2 million, up from NOK 5.6 million in Q1 2024. Both the Maritime Solutions and the Aftersales segments delivered double digit EBITDA margins, while the Industrial Solutions segment continued to be impacted by delayed order intake. Group EBITDA margin in the quarter improved from 2.4 p...
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