Integrated Wind Solutions Q2 2026: Record high EPS and third declared dividend
2026-08-27 07:05:00
Integrated Wind Solutions ASA ("IWS") has today published its Q2 2026 Financial
Report and Presentation.
HIGHLIGHTS - RECORD HIGH EPS AND THIRD DECLARED DIVIDEND
oRecord high total revenue of EUR 36.5m for Q2, a 28% increase compared with Q2
2025 and a 6% increase from Q1.
oGroup EBITDA of EUR 14.8m for Q2, the highest to date, a 64% increase from Q2
2025 and a 46% increase from Q1. The high year-over-year EBITDA growth was
mainly driven by IWS Fleet.
oGroup net profit was EUR 9.6m for Q2, the highest to date, a 79% increase from
Q2 2025, and a 98% increase from Q1.
oRecord high earnings per share of EUR 0.18 in Q2, an 80% increase compared with
Q2 2025 and a 125% increase from Q1.
oThe Board has declared a third consecutive ordinary quarterly cash dividend of
NOK 1.00 per share. The dividend will be paid on or about 16 September 2026 to
shareholders as of 4 September 2026. The ex-dividend date will be 7 September
2026.
oIWS Fleet revenue of EUR 24.9m in Q2, versus EUR 23.4m in Q1 and EUR 16.3m in
Q2 2025. All six vessels were in operation in Q2 and achieved commercial
utilisation of 100% in Q2, compared with all six vessels and commercial
utilisation of 95% in Q1.
oIWS Services revenue of EUR 11.2m in Q2, versus EUR 11.5m in Q1 and EUR 12.0m
in Q2 2025, with continued good performance in its core transition-piece
segment.
oIWS's share of the net profit of PEAK Wind was EUR 0.4m in Q2 versus EUR -0.5m
in Q1 and EUR 0.1m in Q2 2025, due to improved business sentiment and effects
from implemented cost optimisation.
oThe Group's net profit for the full year 2026 is expected to increase by a
minimum of 20% compared with 2025.
Lars-Henrik Røren, CEO, commented: "IWS reports its best quarter ever, with
record-high revenues, EBITDA, net profit and EPS, and the third consecutive
dividend to shareholders. Operationally, IWS Fleet continues to deliver strong
performance for our clients, with 100% commercial uptime. Furthermore, we are
pleased that IWS Services continues to perform well on contracts in its core
segment, and to see the improved industry sentiment positively impacting PEAK
Wind's activity and earnings. Overall, IWS's strong operational and financial
performance places us in a solid position in this high-growth industry."
For investor relations queries, contact
Marius Magelie
Group CFO, Integrated Wind Solutions
Phone: +47 920 27 419
E-mail: mm@integratedwind.com
About IWS:
Integrated Wind Solutions ASA offers a fleet of state-of-the-art service vessels
to the offshore wind industry, combined with a suite of adhering services. The
Company owns approximately 75% of IWS Fleet, which owns six Commissioning
Service Operation Vessels. Furthermore, IWS owns the offshore wind supply-chain
service company, IWS Services A/S, and a 49% shareholding in the independent
advisor, consultancy, data intelligence, and wind farm operator PEAK Wind Group.
Integrated Wind Solutions ASA is listed on Euronext Oslo Børs under the ticker
"IWS".
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Integrated Wind Solutions ASA is listed on Euronext Oslo Børs under the ticker\
"IWS".\