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Vow ASA Achieves Financial Milestone with Over NOK 1 Billion Revenue in 2024

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Vow ASA Achieves Financial Milestone with Over NOK 1 Billion Revenue in 2024

The latest announcement is out from Vow ASA ( (SSHPF) ).

Vow ASA reported a significant financial turnaround in 2024, achieving over NOK 1 billion in annual revenue and a positive EBITDA of NOK 61.1 million, marking a stark improvement from the previous year’s negative figures. The company has secured substantial orders in the cruise sector and is expanding its technological applications into new industries, indicating strong future growth potential and reinforcing its position as a key player in industrial decarbonization.

More about Vow ASA

Vow ASA, headquartered in Oslo and listed on the Oslo Stock Exchange, specializes in converting biomass and waste into valuable resources and clean energy. The company is a leader in wastewater purification and waste valorization in the cruise industry and holds strong positions in food safety, robotics, and heat-intensive industries focused on decarbonization.

YTD Price Performance: -20.59%

Average Trading Volume: 4,160

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $39.23M

For a thorough assessment of SSHPF stock, go to TipRanks’ Stock Analysis page.

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