Release of Second Quarter / First Half-Year 2025 Results
16 september, 07:00
Bergen, Norway, 16 September 2025. M Vest Water (MVW) today published the financial results for the second quarter / first half-year of 2025.
Highlights:
- Chemical sales grew by 167% compared to 2Q 2024, strengthening both margins, EBITDA and the foundation for recurring revenues.
- Aquaculture delivers profitable growth and positive cashflow. Cash expenditures are mainly related to mobilization costs for large-scale projects in Germany and the Middle East, as well as investments in our international expansion.
- Expectations of growth in order intake for NORWAFLOC® in the following periods.
- Successful qualification of NORWAFLOC® at METHA dredging sludge treatment facility.
- Contract award from a global leader in the aquaculture industry to upgrade the customer’s salmon slaughterhouse water treatment system.
- Two follow-up orders from existing customers: a second NORWAPOL® retrofit at a Norwegian oil terminal and an optimization project at SAR Mongstad, both following two years of successful operations.
- MVW signs Green De-Oiler Technology Trial Agreement with a major Oil & Gas producer in Oman.
- A major oil producer in Saudi Arabia has decided to qualify MVW's technology.
The Executive Chairman, Tor Olav Gabrielsen, comments; “To date, Aquaculture has been our primary growth driver. While total revenues for the first half year were in line with last year, chemical sales grew by 167% compared to the second quarter of 2024, strengthening both margins and the foundation for recurring revenue. Looking ahead, we have several key pilots and full-scale qualifications scheduled in the coming quarters, and we expect the Oil & Gas and Dredging segments to drive additional growth from 2026 onwards.”
Executive Chairman Tor Olav Gabrielsen and CFO Morten Hilton Thomassen will present the company’s results today on Tuesday, September 16th, 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:
Microsoft Virtual Events Powered by Teams
Expected duration: 30 minutes including Q&A.
The recording of the webcast and the presentation material will be published on MVW’s website afterwards.
Contact
For further information, please contact:
Morten Hilton Thomassen, CFO
mht@mvestwater.com
+47 92 25 85 70
About Us
M Vest Water is an environmental technology company which has developed unique products and solutions to the water treatment industry, both Industrial as well as the Municipal markets. The products are non-toxic, biodegradable and without any harm to the environment. It obtains the highest degree of purification in a cost-efficient arrangement.
M Vest Water is listed on Euronext Growth under the ticker MVW.
For more information, visit www.mvestwater.com.
This information is subject to disclosure under the Norwegian Securities Trading Act, §5-12. The information was submitted for publication at 2025-09-16 07:00 CEST.
Attachments
Q2 1H Report 2025
Ämnen i artikeln
Release of Second Quarter / First Half-Year 2025 Results
16 september, 07:00
Bergen, Norway, 16 September 2025. M Vest Water (MVW) today published the financial results for the second quarter / first half-year of 2025.
Highlights:
- Chemical sales grew by 167% compared to 2Q 2024, strengthening both margins, EBITDA and the foundation for recurring revenues.
- Aquaculture delivers profitable growth and positive cashflow. Cash expenditures are mainly related to mobilization costs for large-scale projects in Germany and the Middle East, as well as investments in our international expansion.
- Expectations of growth in order intake for NORWAFLOC® in the following periods.
- Successful qualification of NORWAFLOC® at METHA dredging sludge treatment facility.
- Contract award from a global leader in the aquaculture industry to upgrade the customer’s salmon slaughterhouse water treatment system.
- Two follow-up orders from existing customers: a second NORWAPOL® retrofit at a Norwegian oil terminal and an optimization project at SAR Mongstad, both following two years of successful operations.
- MVW signs Green De-Oiler Technology Trial Agreement with a major Oil & Gas producer in Oman.
- A major oil producer in Saudi Arabia has decided to qualify MVW's technology.
The Executive Chairman, Tor Olav Gabrielsen, comments; “To date, Aquaculture has been our primary growth driver. While total revenues for the first half year were in line with last year, chemical sales grew by 167% compared to the second quarter of 2024, strengthening both margins and the foundation for recurring revenue. Looking ahead, we have several key pilots and full-scale qualifications scheduled in the coming quarters, and we expect the Oil & Gas and Dredging segments to drive additional growth from 2026 onwards.”
Executive Chairman Tor Olav Gabrielsen and CFO Morten Hilton Thomassen will present the company’s results today on Tuesday, September 16th, 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:
Microsoft Virtual Events Powered by Teams
Expected duration: 30 minutes including Q&A.
The recording of the webcast and the presentation material will be published on MVW’s website afterwards.
Contact
For further information, please contact:
Morten Hilton Thomassen, CFO
mht@mvestwater.com
+47 92 25 85 70
About Us
M Vest Water is an environmental technology company which has developed unique products and solutions to the water treatment industry, both Industrial as well as the Municipal markets. The products are non-toxic, biodegradable and without any harm to the environment. It obtains the highest degree of purification in a cost-efficient arrangement.
M Vest Water is listed on Euronext Growth under the ticker MVW.
For more information, visit www.mvestwater.com.
This information is subject to disclosure under the Norwegian Securities Trading Act, §5-12. The information was submitted for publication at 2025-09-16 07:00 CEST.
Attachments
Q2 1H Report 2025
Ämnen i artikeln
Katastrofobligationer
Nibes rapport
Aktieråd
Börsprognos
Aktieanalyser
Förvaltarnas investeringar
Placerapodden
Katastrofobligationer
Mest läst
Nibes rapport
Aktieråd
Börsprognos
Aktieanalyser
Förvaltarnas investeringar
Placerapodden
Senaste nytt
EQT
14 november, 17:58
Nibe föll tungt på negativ Stockholmsbörs
New Wave Group
14 november, 17:34
Längdlandslaget väljer Adidas framför New Wave
Marknadsöversikt
OMX Stockholm 30
1 DAG %
−0,84%
Senast
2 757,12
1 mån
Loading market data...
