Hove A/S

Equities

HOVE

DK0061675279

Industrial Machinery & Equipment

Delayed Nasdaq Copenhagen Other stock markets 03:16:05 2024-04-30 am EDT			5-day change	1st Jan Change
5.64 ^DKK	0.00%		-3.09%	-11.60%

Apr. 17	Hove A/S Receives 5 Larger Orders of Total Value Above DKK 2,500,000	CI
Apr. 10	Hove Receives 3 Larger Orders of A Total Value Above DKK 3,000,000	CI

Hove as group have in the past week received 5 larger orders of a total value above DKK 2,500,000

April 17, 2024 at 03:00 am EDT

17.4.2024 08:59:43 CEST | Hove A/S | Investor News

Hove group have during the last week received 5 larger orders with a total value above DKK 2,500,000

Hove A/S has received an order valued above DKK 500,000 from a global wind turbine OEM and a private label filling order valued above DKK 500,000 from a global oil company.

Hove Americas have received two orders with a total value above DKK 1,000,000 from an energy company.

Hove Turkey has received an order valued above DKK 500,000 from a global wind turbine OEM.

Hove have worked with the customers globally for several years supplying lubrications pumps and greases.

General info about investor news:

Unless otherwise specified, all new customer agreements and orders are according to Hove’s strategy and thus do not change the communicated guidance.

Business area	Orders below DKK 500,000	Orders above DKK 500,000
Wind industry	Is not communicated.	Is communicated in weekly roundup.
Hove Smart Lube IoT	Is communicated within 24 hours.	Is communicated within 24 hours.
New industries	Is communicated within 24 hours.	Is communicated within 24 hours.
Orders to subsidiaries	Is not communicated.	Is communicated in weekly roundup.
Private Label	Is communicated in weekly roundup.	Is communicated in weekly roundup.
Internal Hove Group	Is not communicated.	Is not communicated.

In all investor news, Hove distinguishes between three customer categories; small and medium sized customers are defined as “customers”, manufacturers of wind turbines, cranes, and other machinery with mechanical bearings are defined as “OEM’s”, and the 10 largest operators within each region and/or industry are defined as “large operators”.

All agreements and orders with a total value of more than DKK 500,000 are communicated to the market.

Hove Smart Lube sales and orders from new industries are key to Hove’s strategy, and thus communicated each time an order is received.

Orders between different entities within the Hove Group are not communicated to the market.

For further information:

Hans Christian Hansen
CEO Hove A/S

Certified adviser
Norden CEF A/S

Attachments

Download announcement as PDF.pdf

Latest news about Hove A/S

Hove A/S Receives 5 Larger Orders of Total Value Above DKK 2,500,000	Apr. 17	CI
Hove Receives 3 Larger Orders of A Total Value Above DKK 3,000,000	Apr. 10	CI
Hove Receives New Orders Worth DKK2.5 Million	Apr. 03	MT
Hove A/S Receives 3 Larger Orders with A Total Value Above DKK 2,500,000	Apr. 03	CI
Hove A/S Reports Earnings Results for the Full Year Ended December 31, 2023	Mar. 21	CI
Hove and Hove Brazil Receives Private Label Filling Order and 2 Orders with Total Value of More Than DKK 2,500,000	Mar. 20	CI
Hove A/S Receives Eight Orders Totaling a Value of More Than DKK 6,500,000	Mar. 13	CI
Denmark's Hove CFO Takes Leave	Mar. 01	MT
Hove A/S Announces CFO Changes	Mar. 01	CI
Denmark's Hove Bags New Orders from Three Existing Clients	Feb. 28	MT
Hove A/S Provides Revenue Guidance for 2024	Feb. 23	CI
Global stocks at two-year highs, Nikkei skirts record	Feb. 16	RE
Denmark's Hove Secures New Order from Existing Client	Feb. 14	MT
Hove A/S Receives One Order of More Than DKK 500.000 from an OEM	Feb. 14	CI
Hove Bags Orders from European, US Customers	Feb. 07	MT
Hove A/S Receives an Order over DKK 500,000 from A European Reseller	Feb. 07	CI
Hove Secures Additional Orders from Existing Clients	Jan. 31	MT
Hove A/S Receives 2 Large Orders Totaling More Than Dkk 2 Million in the Past Week	Jan. 31	CI
Denmark's Hove Wins DKK2 Million Orders from Existing Clients	Jan. 24	MT
Hove A/S Receives 4 Large Orders Totaling More Than DKK 2 Million in the Past Week	Jan. 24	CI
Hove Books DKK2.5 Million Orders from Three Existing Clients	Jan. 17	MT
Norway energy firms plan three-year push for Arctic gas	Jan. 17	RE
Hove Receives Orders Totalling More Than DKK 2.5 Million in the Past Week	Jan. 17	CI
Denmark’s Hove Wins Over DKK1.5 Million Orders	Jan. 10	MT
Hove A/S Receives 2 Orders Totaling More Than Dkk 1.5 Million in the Past Week	Jan. 10	CI

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Company Profile

Hove A/S is a Denmark-based supplier of lubrication solutions for the wind industry and other heavy machinery. The Company's solution consists of a lubrication pump, hose set, quick couplings / lubrication nipples and containers with grease. In addition to Hove's hardware products, the Company has over the last few years worked intensively to develop a software solution that communicates with Hove's pump and thus ensures that the lubrication takes place correctly, and at the same time tracks the work that has been done.

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Industrial Machinery & Equipment

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