HAV Group ASA (DE:6HH) has released an update.
HAV Group ASA reported a strong second quarter with an order intake totaling 570 million Norwegian kroner and a record-high order backlog of 1,387 million kroner, signaling robust demand for their maritime products and services. Despite this, the company’s EBITDA was zero, impacted by a one-time effect from the previous year, and operating revenues slightly declined to 193.2 million kroner from 200.3 million kroner in the same quarter last year. The company is also making strides in hydrogen-based energy systems for shipping, marking a potential commercial breakthrough with its ZEPOD® technology and significant contracts underway.
For further insights into DE:6HH stock, check out TipRanks’ Stock Analysis page.