Vow ASA – Capital markets update
28 Novembre 2023 - 7:00AM
Vow ASA – Capital markets update
In a capital markets update today, Vow ASA ("Vow" or the
"company") introduces a target to reach a
normalised EBITDA margin of 15 per cent during the second half of
2024 and a comprehensive plan for controlled and profitable
growth. Today’s session also includes a business
deep dive into Vow’s key industry verticals with guest speakers
from Outokumpu, Circon Energy and Vow Green Metals.
“Vow's current backlog holds potential for significant cash flow
going forward owing to the strong demand from customers in multiple
industries, and the company is positioning for contracts in cruise,
and industrial segments driven by the demand for circular
solutions, recycled carbon, clean energy and decarbonization.
Securing new orders while at the same time maintaining healthy
margins will be imperative going forward,” says CEO Henrik
Badin.
Please find enclosed the presentation material from the capital
markets update.
The capital markets update will be presented today from 09:00 to
10:30 CET in Haakon VIIs gate 2, Oslo.
To register and follow the presentation online, please copy and
paste the following link into your browser, click Attend and
register your e-mail:
https://channel.royalcast.com/landingpage/vowasa/20231128_1/
If you wish to attend the presentation in person, please notify
our CFO by e-mail at tina.tonnessen@vowasa.com.
For more information, please contact:
Henrik Badin, CEO Tel: +47 90 78 98 25Email:
henrik.badin@vowasa.com
Tina Tønnessen, CFO Tel: +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 recycling. 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 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.
- 231128 Vow Q3 Capital Market Update
Vow ASA (TG:213)
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Vow ASA (TG:213)
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De Juin 2023 à Juin 2024