SCANSHIP HOLDING WKN: A111AY ISIN: NO0010708068 Forum: Aktien Thema: Hauptdiskussion

Oslo, 20 October 2025: (OSE ticker: VOW) Preliminary unaudited consolidated accounts for Vow ASA (the “Group” or the “Company”) for Q3 2025 indicate a lower-than-expected EBITDA associated with two key projects in the Industrial segment. The positive development in the Maritime and Aftersales segments continues, driven by strong demand, high activity, and increased margins. A thorough review of the two major industry projects has revealed that total costs to completion in 2026 have been underestimated. This impacts the project margins and technical reporting of the progress of costs, and leads to reversal of revenue in Q3 2025. The reversal of revenue has no cash impact. The preliminary EBITDA for Q3 2025 shows approximately NOK -70 million for the Industrial Solutions segment, and a total EBITDA for the Group of approximately NOK -33 million. The projects are in the final stages showing positive progress, and the work to complete the projects continues in close cooperation with the respective customers. As stated in an earlier announcement, the Company has obtained a waiver from DNB for the reporting period ending on 30 September 2025 and has close and constructive dialogue with the bank. The Group has launched a profit improvement program to further strengthen cost control, improve profitability, and increase operational efficiency. This work continues at full speed, and the announced revisit of Vow’s strategies has commenced.

...das sollte die Kasse von VOW mit über 100 Mio Kronen füllen. Endlich mal die lang ersehnte positive Nachricht von den landbasierten Projekten! Es macht sich offensichtlich bezahlt, dass mit HitecVision ein finanzstarker Investor bei VGM eingestiegen ist.