Vestdavit has achieved a new sales record for the third successive year as its order intake hit an all-time high of Nkr380m in 2024, fueled by increased davit orders…
Vestdavit has achieved a new sales record for the third successive year as its order intake hit an all-time high of Nkr380m in 2024, fueled by increased davit orders from its core naval market as well as the offshore energy sector.
“It has been another fantastic year. The significant orders boost was achieved despite a transition in our Sales & Marketing department that saw us start the year with an almost entirely new sales team, which hit the ground running to deliver impressive growth through quickly developing good customer relations,” says Vestdavit’s Sales and Business Development Director Tarjei Isaksen.
The company’s davit sales grew by around 17% versus the previous year while the volume of orders also rose to 108-plus units, an increase of more than 50% from 70 in 2023. The naval market accounted for about 80% of orders in terms of value, with the remainder coming mainly from offshore energy - both oil & gas, and wind.
- High-value davit contracts
Furthermore, the leading Norwegian supplier of boat-handling systems also racked up some of its biggest-ever orders in terms of value with contracts in the range of Nkr40-60m. These include frame agreements for multiple davits with the Canadian Coast Guard and
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