2026-02-25 07:56:44
Jacktel delivered a solid quarter. Declaring dividend of USD 0.02 per share
Jacktel Chairman, Harald Thorstein comments:
“Q4 was another strong quarter for Jacktel. The operational performance was good with 100% uptime, this has continued into Q1. We are pleased to see the Equinor contract being extended, securing close to 100% contract coverage for Haven in 2026. We experience a tightening market and believe we are well positioned to secure attractive contracts following the end of the Aker BP in early 2028. “
Highlights for the quarter:
- 100% operational and financial utilization
- Revenue of USD 16.5m
- EBITDA of USD 9.5m
- Reversal of previous impairments of $20.6m
- Net profit of USD 21.2m
No high potential incidents or Lost Time Injuries have been reported in Q4-25.
In January the Equinor contract for Draupner was extended by 40 days, until 15 April 2026.
Declaring dividend of USD 0.02 per share.
Euronext Growth listing targeted for second half of March 2026.
Refinancing of Jacktel was completed in Q4
USD 70m bond, 4 year tenor, 10% coupon and USD 10m annual amortization
The report will also be available on the companys website: www.jacktel.no/investor
For further information, please contact:
Harald Thorstein
Chair
Tel:+44 7557 284548
ht@arkwright.uk
or
Bjørn Eie Henriksen,
CEO, Macro Offshore
Tel: +47 94 13 04 32
bjorn.henriksen@macro-offshore.com
or
Daniel A Samuelsen
CFO, Macro Offshore
Tel: +47 91 75 83 01
daniel.samuelsen@macro-offshore.com