HAV Group Anticipates Growth Despite Q3 Revenue Decline

HAV Group ASA (DE:6HH) has released an update.

Don't Miss our Black Friday Offers:

HAV Group ASA experienced a decline in revenue and EBITDA in Q3 2024 but maintains a strong order backlog more than double the previous year. The company anticipates significant growth in 2025 due to recent contract wins and is actively restructuring its financial covenants with DNB to align with its growth phase. Despite financial challenges in 2024, HAV Group continues to secure new contracts and is well-positioned for future revenue increases.

For further insights into DE:6HH stock, check out TipRanks’ Stock Analysis page.

Trending Articles

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Tags

More Related Articles

Info icon

This data feed is not available at this time.

Data is currently not available

Sign up for the TradeTalks newsletter to receive your weekly dose of trading news, trends and education. Delivered Wednesdays.