Vow ASA: Contract wins in heat intensive sector
06 3월 2024 - 5:05PM
Vow ASA: Contract wins in heat intensive sector
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 with high costs for energy and emissions, companies in
heat intensive industries are intensifying their efforts to
decarbonise. Electrification of heating processes is becoming
increasingly relevant and therefore popular.
For C.H. Evensen this has meant more than doubled revenue in two
years, from NOK 59 million in 2021 to NOK 121 million in 2023.
For more information, please contact:
Henrik Badin, CEO, Vow ASATel: +47 90 78 98 25Email:
henrik.badin@vowasa.com
Tina Tønnessen, CFO, Vow ASATel: +47 406 39 556Email:
tina.tonnessen@vowasa.com
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).
The information is such that Vow ASA is required to disclose in
accordance with the EU Market Abuse Regulation. This information is
subject of the disclosure requirements pursuant to section 5-12 of
the Norwegian Securities Trading Act.
Vow ASA (TG:213)
과거 데이터 주식 차트
부터 5월(5) 2024 으로 6월(6) 2024
Vow ASA (TG:213)
과거 데이터 주식 차트
부터 6월(6) 2023 으로 6월(6) 2024