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Edge20 Mar 2026
Tetra Pak: The Shape of Innovation
The story of Tetra Pak, the Rausing family, and how a paper tetrahedron gave rise to a company that now delivers almost 180 billion packages a year.
Havila Shipping
Havila Shipping (HAVI) investor relations material
Havila Shipping Q4 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q4 2025 earnings summary26 Feb, 2026
Executive summary
Freight revenues in Q4 2025 were NOK 135.5 million, down NOK 12.5 million year-over-year and NOK 13.8 million sequentially, with lower assignment rates and utilization.
Operating profit before depreciation in Q4 2025 was NOK 52.7 million, compared to NOK 68.2 million in Q4 2024.
Profit before tax for Q4 2025 was NOK -26.2 million, a significant decline from NOK 6.5 million in Q4 2024.
For the full year 2025, total operating income was NOK 648.0 million, up from NOK 585.1 million in 2024.
The company operated 14 vessels as of 31/12/25, with 91% fleet utilization in Q4 2025.
Financial highlights
Q4 2025 total operating income: NOK 143.8 million (Q4 2024: NOK 155.9 million).
Q4 2025 total operating expenses: NOK 91.1 million (Q4 2024: NOK 87.7 million).
Q4 2025 depreciation: NOK 51.7 million (Q4 2024: NOK 39.0 million).
Q4 2025 net financial items: NOK -27.6 million (Q4 2024: NOK -23.4 million).
Full year 2025 profit before tax: NOK 10.3 million (2024: NOK 10.4 million).
Outlook and guidance
Several vessel contracts extended in Q4, including with Equinor and Peterson Den Helder.
Bareboat contract for Havila Harmony extended through 2026.
No significant events after the balance sheet date affecting financial position.
Legal dispute's impact on debt conversion
Refinancing plan if legal appeal fails
Fleet valuation sensitivity to key assumptions
Partial view of Summaries dataset, powered by Quartr API
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Latest events from Havila Shipping
- Q3 2025 delivered higher revenues and profit, but legal and refinancing risks remain.HAVI
Q3 202519 Nov 2025 - Q2 2025 saw higher revenues, strong utilization, and improved profit before tax, but legal risks persist.HAVIQ2 202521 Aug 2025
- Debt conversion and full contract coverage mark a pivotal transition for Havila Shipping.HAVIQ3 202413 Jun 2025
- Improved rates and utilization offset by lower revenue and major debt adjustments in Q2 2024.HAVIQ2 202413 Jun 2025
- Q1 2025 saw robust revenue growth, high utilization, and full contract coverage for Havila Shipping.HAVIQ1 20256 Jun 2025
- Debt restructuring and high fleet utilization drove a return to profit in Q4 2024.HAVIQ4 20245 Jun 2025
Next Havila Shipping earnings date
Q1 202612 May, 2026
Havila Shipping
Next Havila Shipping earnings date
Q1 202612 May, 2026
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Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
Eferix Drawings Google Play
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Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
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