Latest news with #NORBIT
Yahoo
23-05-2025
- Business
- Yahoo
NORBIT ASA – Mandatory notification of trade by primary insider
Trondheim, 23 May 2025 Petors AS, a company wholly owned by Per Jørgen Weisethaunet, CEO of NORBIT ASA, has today sold 153,000 shares in NORBIT ASA at an average price of NOK 193.23 per sale was made for tax-related purposes, primarily due to the Norwegian wealth tax regime, which imposes an annual tax on the assessed net wealth of individuals, including the market value of listed equity to the transaction, Petors AS held 7,129,944 shares in NORBIT ASA, corresponding to 11.1% of the company's outstanding shares. Following the transaction, Petors AS holds 6,976,944 shares. Weisethaunet and his closely associated persons hold a total of 6,986,157 shares in the company, representing approximately 10.93% of the company's outstanding shares. Please see the attached notification for persons discharging managerial responsibilities in NORBIT in accordance with Regulation EU 596/2014 (MAR) article 19. About NORBIT ASA NORBIT is a global provider of tailored technology to selected applications, solving challenges and promoting sustainability through innovative solutions, in line with its mission to Explore More. The company is structured in three business segments to address its key markets: Oceans, Connectivity and Product Innovation & Realization. The Oceans segment delivers tailored technology solutions to global maritime markets. The Connectivity segment provides wireless solutions for identification, monitoring and tracking. The Product Innovation & Realization segment offers R&D services, proprietary products, and contract manufacturing to key customers. NORBIT is headquartered in Trondheim with manufacturing in Europe and North America, has around 600 employees, and a worldwide sales and distribution more information: stock exchange release contains inside information as defined in Article 7 of the EU Market Abuse Regulation (MAR) and is subject to the disclosure requirements pursuant to Section 5-12 of the Norwegian Securities Trading information was submitted for publication by Elise Heidenreich, Investor Relations at NORBIT ASA, on 23 May 2025 at 17:50 CEST. Attachment 250523 NORBIT - PDMR attachment PJWError in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
14-05-2025
- Business
- Yahoo
NORBIT - Results for the first quarter 2025
Trondheim, 14 May 2025: In the first quarter, NORBIT recorded revenues of NOK 521.7 million, an increase of 29 per cent from the corresponding quarter of 2024. The EBIT result was NOK 127.4 million, representing a margin of 24 per cent. Diluted earnings per share were NOK 1.40 for the first quarter, up from NOK 0.50 one year earlier. The Oceans segment delivered its second highest revenues ever of NOK 232.7 million, an increase of 92 per cent from the same quarter in 2024, with an EBIT margin of 35 per cent. The Connectivity segment reported NOK 145.9 million in revenues, largely in line with Q1 2024, and an EBIT margin of 28 per cent. The Product Innovation & Realization (PIR) segment saw revenue growth of 11 per cent, to NOK 160.6 million, with an EBIT margin of 14 per cent. "Through years of market-driven innovation and a strong operational foundation, NORBIT is well positioned to meet growing demand across all business segments. Strategic investments in capacity and competence enable us to deliver on growth opportunities across all business segments, offering tailored technology to carefully selected applications. It's motivating to see the commitment across the organisation - both to our core purpose, Explore More, and to our core value number one - We deliver! It is truly gratifying to experience the continued trust from customers worldwide,' says Per Jørgen Weisethaunet, CEO of NORBIT. The board remains optimistic about the outlook for the year and the prospects ahead. In February, NORBIT communicated a revenue target for 2025 in the range NOK 2.2 – 2.3 billion, with an improved EBIT margin relative to the 20 per cent reported last year. Based on the current outlook, the targets are considered conservative. As in previous years, updated annual targets will be provided at the second quarter reporting in August. Attached is the report for the first quarter and the presentation material. CEO Per Jørgen Weisethaunet and CFO Per Kristian Reppe will present the results at 09:00 am CEST. The presentation will be hosted by Pareto Securities in Dronning Mauds gate 3 and via a live webcast: For further queries, please contact: Per Jørgen Weisethaunet, CEO, +47 959 62 915Per Kristian Reppe, CFO, +47 900 33 203 About NORBIT ASA NORBIT is a global provider of tailored technology to selected applications, solving challenges and promoting sustainability through innovative solutions, in line with its mission to Explore More. The company is structured in three business segments to address its key markets: Oceans, Connectivity and Product Innovation & Realization. The Oceans segment delivers tailored technology solutions to global maritime markets. The Connectivity segment provides wireless solutions for identification, monitoring and tracking. The Product Innovation & Realization segment offers R&D services, proprietary products, and contract manufacturing to key customers. NORBIT is headquartered in Trondheim with manufacturing in Europe and North America, has around 600 employees, and a worldwide sales and distribution platform. For more information: ( This information counts as insider information and must be disclosed in accordance with the Market Abuse Regulation and the Norwegian Securities Trading Act §5-12. This stock exchange announcement was published by Elise Heidenreich, Investor Relations in NORBIT ASA, 14 May 2025 at 07.00 CEST. Attachments NORBIT Q1 2025 Report NORBIT Q1 2025 Presentation
Yahoo
07-05-2025
- Business
- Yahoo
Invitation to presentation of NORBIT's first quarter results, 14 May 2025
NORBIT ASA Trondheim, Norway, 7 May 2025: NORBIT, a global provider of tailored technology to carefully selected applications, will announce its results for the first quarter of 2025 on Wednesday 14 May 2025. The interim report for the first quarter and the presentation material will be available from 07:00 am CEST at the company's homepage, and Oslo Stock Exchange's news site, ( CEO Per Jørgen Weisethaunet and CFO Per Kristian Reppe will present the results at 09:00 am CEST. Participants are welcome to join the event at Pareto Securities in Dronning Mauds gate 3 in Oslo, or to follow the event via webcast. Please use the following link to register for the webcast: For further queries, please contact: Per Kristian Reppe, CFO, +47 900 33 203 About NORBIT ASA NORBIT is a global provider of tailored technology to selected applications, solving challenges and promoting sustainability through innovative solutions, in line with its mission to Explore More. The company is structured in three business segments to address its key markets: Oceans, Connectivity and Product Innovation & Realization. The Oceans segment delivers tailored technology solutions to global maritime markets. The Connectivity segment provides wireless solutions for identification, monitoring and tracking. The Product Innovation & Realization segment offers R&D services, proprietary products, and contract manufacturing to key customers. NORBIT is headquartered in Trondheim with manufacturing in Europe and North America, has around 600 employees, and a worldwide sales and distribution platform. For more information: This information is subject to the disclosure requirements in the Norwegian Securities Trading Act § 5-12.
Yahoo
11-04-2025
- Business
- Yahoo
NORBIT ASA – Notice of Annual General Meeting on 6 May 2025
Trondheim, 11 April 2025: The Annual General Meeting of NORBIT ASA will be held on Tuesday 6 May 2025 at 4:00 pm CET as a physical meeting at Stiklestadveien 1, Trondheim. Shareholders who are not able to attend the meeting are encouraged to vote in advance or submit a proxy form prior to the meeting. Attached please find the following documents: The notice of the general meeting, including the proposed resolutions and attendance and proxy forms The proposals from the nomination committee for the general meeting The board of directors' report on salary and other remuneration for leading personnel for 2024 All documents to be processed in the meeting, including access to electronic registration and proxy, will be made available at the company's website To access the electronic system for notification of attendance, reference number and PIN code must be stated. For more information, please contact:Per Jørgen Weisethaunet, CEO, +47 959 62 915Per Kristian Reppe, CFO, +47 900 33 203 About NORBIT ASA NORBIT is a global provider of tailored technology to selected applications, solving challenges and promoting sustainability through innovative solutions, in line with its mission to Explore More. The company is structured in three business segments to address its key markets: Oceans, Connectivity and Product Innovation & Realization. The Oceans segment delivers tailored technology solutions to global maritime markets. The Connectivity segment provides wireless solutions for identification, monitoring and tracking. The Product Innovation & Realization segment offers R&D services, proprietary products, and contract manufacturing to key customers. NORBIT is headquartered in Trondheim with manufacturing in Europe and North America, has around 600 employees, and a worldwide sales and distribution platform. For more information: This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act. Attachments NORBIT - AGM Notice 2025 NORBIT - Proposals from the Nomination Committee 2025 NORBIT - The board of directors report on salary and other remuneration for leading personnel for 2024Sign in to access your portfolio
Yahoo
11-04-2025
- Business
- Yahoo
NORBIT ASA - Annual Report for 2024
Trondheim, 11 April 2025: NORBIT today announces that it has published its Annual Report for 2024, which also includes the sustainability reporting in accordance with CSRD and the Corporate Governance Report, which the board of directors approved on 10 April 2025. "2024 was another eventful year for NORBIT. We successfully executed our plans to strengthen the organisation, invest in R&D, and expand our capacity - enabling us to reach our targets for the year and preparing for the future.', says Per Jørgen Weisethaunet, CEO of NORBIT. The report is attached to this notice and is also available at the company's website, under Investors. The company also publishes its annual financial statements in European Single Electronic Format (ESEF), available as an attachment to this release. For further queries, please contact:Per Jørgen Weisethaunet, CEO, +47 959 62 915Per Kristian Reppe, CFO, +47 900 33 203 About NORBIT ASANORBIT is a global provider of tailored technology to selected applications, solving challenges and promoting sustainability through innovative solutions, in line with its mission to Explore More. The company is structured in three business segments to address its key markets: Oceans, Connectivity and Product Innovation & Realization. The Oceans segment delivers tailored technology solutions to global maritime markets. The Connectivity segment provides wireless solutions for identification, monitoring and tracking. The Product Innovation & Realization segment offers R&D services, proprietary products, and contract manufacturing to key customers. NORBIT is headquartered in Trondheim with manufacturing in Europe and North America, has around 600 employees, and a worldwide sales and distribution platform. For more information: This information is subject to the disclosure requirements in the Norwegian Securities Trading Act § 5-12. Attachments 254900C08RCMXVZYFY97-2024-12-31-0-en NORBIT ASA - Annual Report 2024
