Integrated Wind Solutions ASA

9UG

Equity

ISIN NO0010955883 / Valor 110644316

Deutsche Boerse AG (2025-11-20)

EUR 3.61+4.79%

Integrated Wind Solutions ASA
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About company

Integrated Wind Solutions ASA (IWS) is a company focused on providing specialized services to the offshore wind industry. Through its subsidiary, IWS Fleet AS, the company is engaged in the construction and operation of Walk-to-Work Commissioning Service Operation Vessels (CSOVs), which are designed to support the commissioning and maintenance of offshore wind farms. These vessels are equipped with advanced technology, including battery-biased plug-in hybrid systems, to enable zero-emission operations. IWS has secured contracts for the construction of multiple CSOVs, with deliveries scheduled from 2023 to 2024, and has options for additional vessels. The company has recently been notified of a charter contract for one of its vessels for the Dogger Bank Wind Farm's third phase, Dogger Bank C, set to commence in 2025. IWS aims to offer a comprehensive range of services across the offshore wind value chain, enhancing project efficiency and reducing costs through its integrated service offerings.

Summarized from source with an LLMView SourceSector: Business Services

Record Revenue

The company reached a record total revenue of EUR 28.5 million for Q2 2025, marking a 13% increase from Q1 and a 126% increase compared to Q2 2024.

EBITDA Growth

Group EBITDA surged to EUR 9.0 million in Q2 2025, up from EUR 5.3 million in Q1 and EUR 1.6 million in Q2 2024. This growth was primarily driven by the performance of IWS Fleet.

Net Profit Achievement

Group net profit reached EUR 5.4 million in Q2 2025, a rise from EUR 3.4 million in Q1 and EUR 0.6 million in Q2 2024. Sequential growth in EBITDA and net profit stood at 71% and 58%, respectively.

IWS Fleet Performance

IWS Fleet generated EUR 16.3 million in revenue for Q2 2025, compared to EUR 14.2 million in Q1 and EUR 4.8 million in Q2 2024. The fleet maintained high operational efficiency with four vessels in operation and an additional vessel, IWS Moonwalker, set to commence operations in September.

IWS Services and PEAK Wind

IWS Services saw its revenue increase by 10% to EUR 12.0 million in Q2 2025, driven by offshore substation projects. PEAK Wind's net revenue remained steady compared to Q2 2024, contributing EUR 0.2 million to the group's net profit.

Summarized from source with an LLMView Source

Key figures

-11.5%1Y

%3Y

%5Y

Performance

35.2%1Y

48.4%3Y

48.4%5Y

Volatility