Vow ASA (LTS:0QTW)

kr 1.736 -0.11 (-5.96%) Market Cap: 291.48 Mil Enterprise Value: 970.38 Mil PE Ratio: 0 PB Ratio: 0.85 GF Score: 63/100

Q2 2023 Vow ASA Earnings Call Transcript

Aug 23, 2023 / 06:30AM GMT

Release Date Price: kr9.25 (-14.58%)

Transcript

Henrik Badin

Vow ASA - CEO

Welcome to Vow's first-half 2023 financial presentation or trading update. This presentation will be in two sections. First, Tina and myself will go through the financial updates. And we will also have a section with a deep dive into our technology applications, our industrial -- industry scale-ups, and new interesting developments on the market side. And that part of the presentation, we will be joined by our Chief Development Officer, Per Carlsson; and our Vice President, Innovation, PÃ¥l Jahre Nilsen.

But first and foremost, the update for the first half year. This picture shows the rendering of our new project in US, where we have been waiting for an order to proceed a contract that we signed last year. And that order to proceed came in July, great news. This will be a large project in land-based US, it has received a lot of attention, and we truly believe it will be basically snowballing opportunities in the coming years in the United States.

Let's look at the key takeaways for the first half year. We continue our growth in revenues with a 12% increase

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