Vow ASA 2023 IR
The report highlights Vow ASA's record-high revenues of NOK 918.5 million in 2023, representing a 17 percent increase from 2022, driven by growth across all business segments. However, profitability was impacted by inflation and project cost reassessments, resulting in an EBITDA of negative NOK 54.7 million. To address this, the company implemented a comprehensive cost savings program for 2024. Key achievements included the successful production of the first biocarbon at the Hønefoss plant and winning the Capgemini Nordic Sustainability Tech Award for its pyrolysis technology.
Company: Vow ASA
Sector: Industrials
Country: Norway
Year: 2023
Type: IR
Pages: 124
Vow ASA
Annual And Sustainability Report
The report highlights Vow ASA's record-high revenues of NOK 918.5 million in 2023, representing a 17 percent increase from 2022, driven by growth across all business segments. However, profitability was impacted by inflation and project cost reassessments, resulting in an EBITDA of negative NOK 54.7 million. To address this, the company implemented a comprehensive cost savings program for 2024. Key achievements included the successful production of the first biocarbon at the Hønefoss plant and winning the Capgemini Nordic Sustainability Tech Award for its pyrolysis technology.
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Document Details
Report Year
2023
Reporting Period
Jan 1, 2023 - Dec 31, 2023
Fiscal Year
2023
Type
Integrated Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Scope 3:
Women on Board
Women in Management
Workplace Fatalities
Net Zero Target
Employees