Hove A/S has upgraded its expectations for both revenue and EBITDA for 2025 after better-than-expected sales in the first nine months of the year. The company reports increasing sales of both pumps and lubricants to existing and new customers in the wind turbine segment. The company announced this in a statement.
Hove now expects revenue of DKK 200–210 million, compared to the previous DKK 180–200 million. At the same time, the EBITDA expectation is being upgraded from DKK 15–20 million to DKK 21–24 million. According to the company, the increased sales figures have more than offset the effect of a weakened US dollar.
Hove's financial statements for the third quarter of 2025 will be published on November 17.
Text, graphics, images, sound, and other content on this website are protected under copyright law. DK Medier reserves all rights to the content, including the right to exploit the content for the purpose of text and data mining, cf. Section 11b of the Copyright Act and Article 4 of the DSM Directive.
Customers with IP agreements/major customer agreements may only share Danish Offshore Industry articles internally for the purpose of handling specific cases. Sharing in connection with specific cases refers to journaling, archiving, or similar uses.
Customers with a personal subscription/login may not share Danish Offshore Industry articles with individuals who do not themselves have a personal subscription to Danish Offshore Industry.
Any deviation from the above requires written consent from DK Medier.
