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Integrated Wind Solutions Reports Record Q4 2024 Revenue and Strategic Growth

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Integrated Wind Solutions Reports Record Q4 2024 Revenue and Strategic Growth

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The latest announcement is out from Integrated Wind Solutions AS ( (DE:9UG1) ).

Integrated Wind Solutions ASA reported a record revenue of EUR 21.4 million for Q4 2024, marking a significant increase from previous quarters. The company’s strong financial performance was driven by its IWS Fleet and improvements in IWS Services, alongside strategic agreements with major clients like Siemens Gamesa Renewable Energy. The uplisting to Euronext Oslo Børs and new charter contracts further solidify IWS’s market position and growth trajectory.

More about Integrated Wind Solutions AS

Integrated Wind Solutions ASA provides a fleet of advanced service vessels to the offshore wind industry, along with a range of related services. The company owns a majority 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 and has investments in PEAK Wind Group, a consultancy and wind farm operator.

YTD Price Performance: -18.49%

Average Trading Volume: 170

Technical Sentiment Consensus Rating: Buy

Current Market Cap: €135.9M

Find detailed analytics on 9UG1 stock on TipRanks’ Stock Analysis page.

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