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The latest announcement is out from Havyard Group ASA ( (DE:1H2) ).
EQVA ASA reported solid growth for 2025, with full-year revenues rising 17 per cent to NOK 1,289 million and EBITDA up 9 per cent to NOK 86 million, or 91 per cent when adjusted for a prior-year vessel sale. On a pro forma basis, revenues reached NOK 1,403 million and EBITDA NOK 112 million, corresponding to an 8.0 per cent margin, underlining the strength of its industrial platform despite a more uncertain global environment.
Performance was driven by the Industrial Solutions segment, where revenues grew 25 per cent to NOK 1,288 million and EBITDA climbed to NOK 122 million, lifting the margin to 9.5 per cent on high activity and strong project execution, including contributions from IMTAS and ART acquired in 2025. Post quarter-end, EQVA completed a NOK 500 million secured bond issue and agreed to buy the mechanical and electro-mechanical operations of Einar Øgrey Farsund AS, a deal that enhances its position in Southern Norway, broadens its service offering and customer base, and reinforces its acquisition-led growth strategy in niche industrial markets.
More about Havyard Group ASA
EQVA ASA is a Norwegian full-service provider of industrial services built around long-term ownership of complementary industrial companies. The group serves smelting operations, process industry, aquaculture, maritime and offshore customers, offering engineering and mechanical solutions, steel structures, piping and tank systems, ventilation, power and automation, and hydropower development and operation. Operating an asset-light model with more than 660 specialized employees across key Norwegian industrial regions, EQVA focuses on cash generation, targeted acquisitions and portfolio-company autonomy within shared governance frameworks to drive profitable growth over time.
Average Trading Volume: 540,622
Current Market Cap: NOK232.7M
See more data about 1H2 stock on TipRanks’ Stock Analysis page.

