Vow ASA has immediately printed its Annual and Sustainability Report for 2024, as authorised by the Board of Administrators.
The report, together with the ESEF file, is enclosed and can also be out there on the corporate’s web site: www.vowasa.com underneath Investor Relations: https://www.vowasa.com/investor/results-reports.
Subsequent to year-end, the Group recognised a non-cash impairment loss on its funding in Vow Inexperienced Metals AS. In reference to occasions occurring after the reporting interval, administration concluded that the quoted share value as of 31 December 2024 represents the most effective estimate of honest worth. Consequently, an impairment lack of NOK 41.8 million has been recognised within the monetary statements for the 12 months ended 31 December 2024.
On account of the impairment, the Group’s end result for the complete 12 months 2024 quantities to detrimental NOK 132.0 million, and the fairness ratio as of 31 December 2024 stands at 33.7%, in comparison with a results of detrimental NOK 90.2 million and an fairness ratio of 35.5% as reported within the preliminary This autumn 2024 report.
For extra info, please contact:
Jonny Hansen, Interim CEO, Vow ASA
Tel: +47 901 89 181
E mail: jonny.hansen@vowasa.com
Tina Tønnessen, CFO, Vow ASA
Tel: +47 406 39 556
E mail: tina.tonnessen@vowasa.com
About Vow
Vow and its subsidiaries Scanship, C.H. Evensen and Etia are captivated with stopping air pollution. The corporate’s world main options convert biomass and waste into worthwhile sources and generate clear vitality for a variety of industries.
Superior applied sciences and options from Vow allow trade decarbonisation and materials restoration. Biomass, sewage sludge, plastic waste and end-of-life tyres will be transformed into clear vitality, low carbon fuels and renewable carbon that change pure fuel, petroleum merchandise and fossil carbon. The options are scalable, standardised, patented, and completely documented, and the corporate’s functionality to ship is nicely confirmed.
The corporate is a cruise market chief in wastewater purification and valorisation of waste. It offers know-how and options which allow industries to transition in the direction of a fossil-free future by changing biomass and waste into worthwhile sources and clear vitality. The corporate additionally has sturdy area of interest positions in meals security and robotics, and in heat-intensive industries with a powerful decarbonising agenda.
Positioned in Oslo, the mother or father firm Vow ASA is listed on the Oslo Inventory Change (ticker VOW).
The knowledge is such that Vow ASA is required to reveal in accordance with the EU Market Abuse Regulation. This info is topic of the disclosure necessities pursuant to part 5-12 of the Norwegian Securities Buying and selling Act.
- Vow – Annual and Sustainability Report 2024
- vowasa-2024-12-31-0-en
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