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Havyard Group ASA ( (DE:1H2) ) has issued an update.
EQVA has completed a strategic review under its new CEO, Olav Hilmar Koløy, maintaining its overall direction but sharpening its priorities. The company aims to expand its geographical presence and service offerings through organic growth and strategic acquisitions, focusing on profitable growth and strong cash generation. This strategic focus is intended to enhance EQVA’s position as a total service provider of industrial services, leveraging its core competencies and asset-light model to support sustainable growth.
More about Havyard Group ASA
EQVA is a full-service provider of industrial services, focusing on the development and long-term ownership of strong industrial companies. It serves leading players in sectors such as smelting operations, process industry, aquaculture, maritime, and offshore. The company specializes in engineering services, mechanical solutions, steel structures, piping and tank systems, ventilation, power and automation, and hydropower plant operations.
YTD Price Performance: -30.25%
Average Trading Volume: 270,093
Current Market Cap: NOK276M
For an in-depth examination of 1H2 stock, go to TipRanks’ Overview page.