Bifogade filer
Q1 Report 2025
Prenumeration
Beskrivning
| Land | Norge |
|---|---|
| Lista | Euronext Growth Oslo |
| Sektor | Energi & Miljö |
| Industri | Miljö & Återvinning |
Bergen, Norway, 15 May 2025. M Vest Water (MVW) today published the financial results for the first quarter of 2025.
Key summary:
- Contract award from a global leader in the aquaculture industry to upgrade the customer’s salmon slaughterhouse water treatment system.
- Saudi Aramco has decided to pilot NORWAPOL® and NORWAFLOC® at the largest offshore oilfield in the world.
- Strong tender portfolio, revenue in line with expectations and growth in recurring revenue.
- Exclusive Agent Agreement with Invest Support Company for market penetration in Qatar, Bahrain, Oman and the Emirates.
- MVW and VEBIRO started commercial implementation of NORWAFLOC® in municipal dredging and Sand & Gravel washing operations in Germany.
- MVW signs long-term Frame and Cooperation Agreement with Verde Vision GmbH for delivery of NORWAFLOC® in agricultural manure recycling operations in Germany.
The Executive Chairman, Tor Olav Gabrielsen, comments; “The positive momentum from last year has continued into the first quarter of 2025. We are delivering on our strategic targets, the revenue for the quarter is in line with our expectations and we anticipate further growth throughout the year.”
Executive Chairman Tor Olav Gabrielsen and CFO Morten Hilton Thomassen will present the company’s results today on Thursday, May 15th, 2025, at 10:00 CET, and invite investors, analysts, and other stakeholders to join the presentation.
Register for the presentation by using the following link:
https://us06web.zoom.us/webinar/register/WN_Yr-5QcpmQeujHC4GIdhVPg#/registration
Expected duration: 30 minutes including Q&A.
The recording of the webcast and the presentation material will be published on MVW’s website afterwards.