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Integrated Wind Solutions AS ( (DE:9UG1) ) has provided an update.
Integrated Wind Solutions ASA reported a record revenue of EUR 25.2 million for Q1 2025, marking an 18% increase from the previous quarter and a 367% rise from the same period last year. The company’s strong performance was driven by its fleet operations and new contracts, despite uncertainties in the global business environment. IWS also completed its uplisting to Euronext Oslo Børs, issued new shares, and secured significant charter contracts, further solidifying its market position.
More about Integrated Wind Solutions AS
Integrated Wind Solutions ASA offers a fleet of state-of-the-art service vessels to the offshore wind industry, combined with a suite of adhering services. The company owns a significant stake in IWS Fleet AS, which operates four Commissioning Service Operation Vessels (CSOVs) and has two more under construction. Additionally, IWS owns IWS Services A/S, which provides offshore wind supply-chain services, and has an investment in PEAK Wind Group, a consultancy and wind farm operator.
Average Trading Volume: 183
Technical Sentiment Signal: Buy
Current Market Cap: €144.1M
See more insights into 9UG1 stock on TipRanks’ Stock Analysis page.