Vow ASA (“Vow” or the “company”) has reassessed cost and margin in its portfolio of projects. Inflation and higher costs in the supply chain for some projects in the Maritime Solutions segment has accumulated to NOK 35 million which will be charged to the company’s accounts in the third quarter 2023. Including these one-off effects, the EBITDA result in the quarter was negative NOK 15.5 million. Revenues were NOK 254.6 million, up from NOK 194 million in the third quarter 2022, an increase of 31 percent.Tel: +47 90 78 98 25
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Email: [email protected]
(GlobeNewsWire)