Vow ASA (SSHPF) has released an update.
Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts and uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
Vow ASA reported a 5% increase in revenues to NOK 267.4 million for the third quarter of 2024, along with a positive EBITDA margin of 6.9% after a challenging year. The company highlights its successful cost reduction strategies and a strong order backlog of NOK 1,103 million, signaling a promising outlook with the growing cruise market and expanding contract opportunities. Additionally, Vow secured a NOK 250 million rights issue to enhance liquidity and support future growth.
For further insights into SSHPF stock, check out TipRanks’ Stock Analysis page.
