{
  "id": 3687878,
  "title": "Earnings call transcript: Hav Group posts strong Q2 2026 growth, low orders weigh",
  "url": "https://urgent.news/2026/08/27/earnings-call-transcript-hav-group-posts-strong-q2-2026-growth-low",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-27T06:54:15.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/transcripts/earnings-call-transcript-hav-group-posts-strong-q2-2026-growth-low-orders-weigh-93CH-4878410"
  },
  "original_language": "en",
  "account": "Hav Group reported a strong second quarter of 2026, with revenue rising 38% from the previous year and EBITDA increasing more than fourfold. Operating revenue reached NOK 267.3 million, while EBITDA stood at NOK 17.3 million. The EBITDA margin improved to 6.5%, up over four percentage points from the prior year. However, the company noted that order intake was only NOK 35 million, describing it as low. Despite this, the Maritime Technology businesses, particularly NES and Hav Design, showed robust performance. NES saw a 58% revenue increase and a 154% rise in EBITDA year-over-year. Hav Design reported NOK 30 million in revenue, slightly below the previous quarter. Norwegian Greentech experienced revenue shifts due to project timing, though management assured it was not a loss. For the first half of 2026, Hav Group reported NOK 500 million in operating revenue, NOK 29.1 million in EBITDA, and a net profit of NOK 13.2 million. The company's outlook for 2026 includes continued revenue growth and improved margins, with the second half of the year expected to bring more tender decisions and stronger performance in Q4. CEO Gunnar Larsen emphasized the strong execution across maritime technology businesses, driven by the growing demand for electrification in the maritime sector.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Investing.com",
        "title": "Earnings call transcript: Ramsay Health Care surges on H2 2026 margin gains",
        "url": "https://urgent.news/2026/08/27/earnings-call-transcript-ramsay-health-care-surges-on-h2-2026-margin",
        "published": "2026-08-27T01:49:39.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}