NORBIT ASA

We are pleased to share that we have been awarded a significant NOK 75 million order for our underwater GuardPoint surveillance sonars from an international customer.   “In times of increasing geopolitical unrest, the need to protect what lies underwater has become more evident. At NORBIT, we are proud to see our solutions contribute to increased safety for people and critical infrastructure. This new order is, for us, a proof of the relevance of our offering”, says Per Jørgen Weisethaunet, CEO of NORBIT. #ExploreMore

Today, NORBIT presents its results for the second quarter of 2024. “We delivered strong operational and financial performance in the second quarter. In the quarter, we also reached important strategic milestones as demonstrated by the acquisition of Innomar, representing an attractive strategic fit and diversification of the Oceans segment,” says Per Jørgen Weisethaunet, CEO of NORBIT. CEO Per Jørgen Weisethaunet and CFO Per Kristian Reppe will present the results today at 09:00 am CEST. Please join us: https://lnkd.in/dK-ayvSK View the full report here: https://lnkd.in/dW-wnYCT #ExploreMore

The family is growing!

NORBIT is expanding! "We are enthusiastic about welcoming Innomar to the NORBIT family. Nearly 30 years of accumulated domain knowledge with a strong and well-established brand aligns with NORBIT's vision to be recognised as world-class, enabling people to Explore More. Innomar has an experienced team with deep technical competence and the product portfolio is complementary to our existing sonar technology. This acquisition ticks all boxes", says Per Jørgen Weisethaunet, CEO of NORBIT. Read more in today's announcement: https://lnkd.in/dFCERfaa

Celebrating 5 Years on the Oslo Stock Exchange today Our CEO reflects on the journey ... #NORBIT #Innovation #Growth #TeamSuccess #ExploreMore

Today, NORBIT presented its Q1 results, and reiterates full-year outlook. “As we keep our focus on long-term goals, it's encouraging to reflect on how we achieved our 2024 targets a year ahead of schedule, which accelerated our efforts to set new benchmarks. This quarter marks the first since we launched our 2027 plan. Securing the new connectivity contract is a significant step towards these targets and supports our strategy to expand our product offering. The trust placed in us by another new blue-chip client not only validates our past achievements, but also solidifies our path towards being recognized as world-class. The momentum from professional customers who expect a lot from us is exactly what drives NORBIT forward”, says Per Jørgen Weisethaunet, CEO of NORBIT. #ExploreMore

NORBIT has received an order from a new undisclosed European customer for delivery of On-Board Units. The value of the order is approximately NOK 160 million and deliveries are scheduled for 2025.  “To conclude this significant agreement with another blue-chip client confirms our strategy to tailor our offering and focus to broaden the product offering as well as the customer base”, says Per Jørgen Weisethaunet, CEO of NORBIT. #ExploreMore

NORBIT has launched an updated strategic roadmap and new long- term financial targets for 2027. The updated ambition is to deliver organic revenues in excess of NOK 2.75 billion and an EBIT margin of around 20 per cent. "It is very motivating to get started on a new ambition period. Setting new goals and working hard to reach them is what drives us. We are well positioned to benefit from mega trends such as the blue economy, digitalisation and increased demand for more technology "Made in Norway and Europe"," says CEO Per Jørgen Weisethaunet. #ExploreMore

Today, NORBIT is presenting the Q4 results and announcing its strategic and financial plan for the period 2024 and beyond.   "2023 was another record year for NORBIT, in which we were able to reach our 2024 targets one year early. As we continue to grow, we accumulate references and develop skills that qualifies us to take on larger opportunities going forward", says Per Jørgen Weisethaunet, CEO of NORBIT.   CEO Per Jørgen Weisethaunet and CFO Per Kristian Reppe hosted a presentation and Q&A session starting today at 9 am CET.   To follow the live presentation and to be part of the Q&A session, click here: https://lnkd.in/dRw-bZDT   View the full report here: https://lnkd.in/dW-wnYCT   #ExploreMore

Our Q3 results are out today! "This has been the best third quarter in our history. We are proud to keep delivering solid results, supported by strong demand for our technology solutions across all three business segments," says Per Jørgen Weisethaunet, CEO of NORBIT. CEO Per Jørgen Weisethaunet and CFO Per Kristian Reppe will host a presentation and Q&A session starting today at 10 am CET. To follow the live presentation and to be part of the Q&A session, click here: https://lnkd.in/d_SjTFeu View the full report here: https://lnkd.in/dW-wnYCT #ExploreMore