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2025-10-30 07:00:00
Skudeneshavn, 30 October 2025
Solstad Maritime ASA (SOMA) is pleased to present its financial results for the third quarter of 2025.
CEO Lars Peder Solstad stated:
"The market has shown less activity in third quarter than earlier expected. At the same time, we maintain a positive outlook for 2026, supported by steady tendering activity and a solid order backlog."
- Adjusted EBITDA of USD 69 million in the quarter compared to USD 91 million in the same quarter last year. USD 229 million year to date compared to USD 220 million last year.
- Several contract extensions and new contracts entered into, contributing to a total order intake of USD 180 million in the quarter equaling a book-to-bill ratio of 1.2x
- Continued shareholder friendly approach with a cash dividend for Q3 2025 of USD 0.032/share, totaling USD ~15 million
Contacts
Lars Peder Solstad CEO, at +47 91 31 85 85
Kjetil Ramstad CFO, at +47 907 59 489
Solstad Maritime ASA
This information is subject of the disclosure requirements pursuant to section 5 -12 of the Norwegian Securities Trading Act.