VOW ASA (VOW.OL)
VOW ASA operates in the Industrial - Pollution & Treatment Controls industry of the Industrials sector, headquartered in Oslo, PS, NO. The stock last traded at $3.21, up 2.07% on the session, giving a market capitalisation of $932.2M. Its beta of 1.55 implies it has historically moved more than the broad market.
Headquartered in Lysaker, Norway, and established in 2011, VOW ASA specializes in delivering advanced systems for the treatment and purification of diverse waste streams, encompassing wastewater, food waste, solid refuse, and bio sludge. The company operates through three core segments. Its Projects Cruise division supplies sophisticated waste management, wastewater purification, and food waste processing solutions to shipyards for new constructions, to existing shipowners, and for aquaculture sludge treatment. The Aftersales segment ensures operational continuity by providing essential spare parts, consumables, chemicals, and bespoke service and maintenance programs. Meanwhile, the Landbased segment offers innovative technologies such as Biogreen, a proprietary pyrolysis process converting biomass, plastics, and waste into energy, and Safesteril, a patented system for sterilizing food and pharmaceutical ingredients, alongside robotic solutions for waste recycling. Serving a broad clientele including the cruise, aquaculture, land-based industrial, and utilities sectors, VOW ASA has also forged a strategic alliance with Repsol, S.A. to develop applications for clean, renewable energy production and CO2 emission reduction. The company rebranded from Scanship Holding ASA to VOW ASA in January 2020.
VOW ASA is most often compared with the following Industrials names: