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Vow ASA: Vow receives settlement for VGM shares and loan repayment
Globenewswire· 2025-06-30 14:48
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 ...
Vow Q1: Key indicators improved, work remains to ensure long-term sustainable profitability
Globenewswire· 2025-05-28 05:00
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 per cent ...