HAV Group Q4 revenue falls on weakness in ship design, water treatment units

Hav ASA

13/03/2026 06:10

Overview

Norway maritime technology firm's Q4 2025 revenue declined yr/yr, but EBITDA improved

Company's energy design and smart control business drove stronger results

Company expects revenue growth and improved EBITDA margin in 2026

Outlook

HAV Group expects revenue growth and improved EBITDA margin in 2026 versus 2025

Company says electrification trend expected to create substantial market opportunities

Company notes geopolitical uncertainty and tariff issues as headwinds for market conditions

Result Drivers

ENERGY DESIGN AND SMART CONTROL - Co said this business segment was the main driver of improved financial performance in Q4

SHIP DESIGN AND WATER TREATMENT - Co said these business areas lagged and measures have been implemented to improve performance

Company press release: ID:nObiCkvtYa

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Revenue
NOK 268.10 mln
Q4 EBITDA
NOK 16.30 mln
Q4 Orders
NOK 146 mln


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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)