Aker Solutions ASA
OSE:AKSO

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Aker Solutions ASA
OSE:AKSO
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Price: 31.72 NOK 0.76% Market Closed
Market Cap: 15.6B NOK

Aker Solutions ASA
Investor Relations

Aker Solutions ASA stands as a testament to the intricate and dynamic world of energy services, rooted deeply in the oil and gas industry. Established with the mission to provide cutting-edge solutions for the global energy sector, the company has evolved into a formidable player, adept at navigating the complexities of offshore and onshore projects. Aker Solutions combines engineering, procurement, and construction (EPC) services, delivering comprehensive packages that drive efficiency and innovation across the project's lifecycle. This holistic approach not only streamlines operations but also fosters a synergy between traditional energy production and emerging technologies. At its core, Aker Solutions thrives on its ability to tailor solutions that address the multifaceted challenges of energy extraction and production, emphasizing sustainability and the secure delivery of resources.

The economic engine that powers Aker Solutions is its broad portfolio of services and products tailored to the specific needs of its clients. From subsea production systems, which facilitate the extraction of oil and gas from ocean floors, to maintenance and modification services that extend the lifespan of existing energy infrastructures, Aker Solutions taps into various revenue streams. Each project, whether the build-out of a new offshore platform or the retrofitting of an existing plant, represents a partnership cemented by long-term contracts and the promise of operational excellence. Furthermore, as the energy sector increasingly leans toward greener alternatives, Aker Solutions leverages its expertise in carbon capture and renewable energy technologies, gradually shaping its focus to meet the demands of a transitioning energy market. Through this blend of innovation and tradition, Aker Solutions continues to position itself as a leading force in an ever-evolving industry.

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Last Earnings Call
Fiscal Period
Q3 2025
Call Date
Oct 31, 2025
AI Summary
Q3 2025

Strong Revenue Growth: Aker Solutions reported third quarter revenues of NOK 17 billion, up 29% year-over-year, supported by high project activity.

Healthy Margins: EBITDA margin reached 8.8% (7.2% excluding SLB OneSubsea), in line with full-year guidance.

Record Backlog, 2025 Guidance Raised: Secured backlog leads to 2025 revenues expected to exceed NOK 60 billion, with growth projected across all main segments.

2026 Activity Drop: Management warns that activity levels and revenues are expected to fall to around NOK 45 billion in 2026 due to tougher market conditions.

Solid Cash Position: Net cash increased to NOK 2.5 billion, and operational cash flow remained robust.

SLB OneSubsea Contribution: SLB OneSubsea continues to deliver strong results, with Aker Solutions expecting around NOK 550–600 million in dividends in 2025.

Key Financials
Revenue
NOK 17 billion
EBITDA
NOK 1.5 billion
EBITDA Margin
8.8%
EBITDA Margin (excl. SLB OneSubsea)
7.2%
EBIT
NOK 1.1 billion
EBIT Margin
6.6%
Net Income
NOK 863 million
Earnings Per Share
NOK 1.79
Net Cash
NOK 2.5 billion
Operational Cash Flow
NOK 400 million
CapEx
NOK 94 million
Dividend Received from SLB OneSubsea
NOK 142 million
Renewables and Field Development Revenue
NOK 12.5 billion
Renewables and Field Development EBITDA
NOK 1 billion
Renewables and Field Development EBITDA Margin
8%
Order Intake (Renewables & Field Development)
NOK 7.1 billion
Backlog (Renewables & Field Development)
NOK 41 billion
Life Cycle Revenue
NOK 3.8 billion
Life Cycle EBITDA
NOK 275 million
Life Cycle EBITDA Margin
7.2%
Order Intake (Life Cycle)
NOK 2.6 billion
Backlog (Life Cycle)
NOK 19.1 billion
SLB OneSubsea Revenue (Q3, 100% basis)
NOK 9.9 billion
SLB OneSubsea Revenue (YTD 2025, 100% basis)
NOK 30 billion
SLB OneSubsea EBITDA
NOK 1.8 billion
SLB OneSubsea EBITDA Margin
18.4%
SLB OneSubsea Net Income (Aker Solutions share)
NOK 295 million (Q3), NOK 670 million (YTD 2025)
SLB OneSubsea Backlog
NOK 47.3 billion
SLB OneSubsea Order Intake
NOK 11.5 billion
SLB OneSubsea Net Cash Position
$440 million
Tender Pipeline
NOK 75 billion
2026 Revenue Guidance
NOK 45 billion
Earnings Call Recording
Other Earnings Calls

Management

Mr. Kjetel Rokseth Digre
Chief Executive Officer
No Bio Available
Mr. Idar Eikrem
Executive VP & CFO
No Bio Available
Ms. Signy Elde Vefring
Head of Strategy & Technology
No Bio Available
Mr. Kjetil Kristiansen
Executive Vice President of People, Organization & Transformation
No Bio Available
Mr. Sturla Magnus
Executive Vice President of Newbuild
No Bio Available
Mr. Henrik M. Inadomi
Executive Vice President of New Energies
No Bio Available
Mr. Paal Eikeseth
Executive Vice President of Lifecycle
No Bio Available
Mr. Jo Kjetil Krabbe
Executive Vice President of Power Solutions
No Bio Available
Preben Ørbeck
Head of Investor Relations
No Bio Available
Ms. Marianne Mithassel Aamodt
Senior Vice President of Corporate Financial Reporting
No Bio Available

Contacts

Address
AKERSHUS
Lysaker
Oksenoyveien 8
Contacts