Hove as a group have in the past week received a private label filling order and 2 orders totalling a value of more than DKK 2,500,000

Hove Brazil has received an order value of more than DKK 2,000,000 from a global OEM

Hove A/S has received a private label filling order and an order with the value of more than DKK 500,000 from a global OEM

Hove as a group have supplied pumps and lubricants to the above mentioned customers for several years.

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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 areaOrders below DKK 500,000Orders 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
Tlf. (+45) 31359410

Certified adviser
Norden CEF A/S

www.nordencef.dk

Attachments

  • Download announcement as PDF.pdf

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