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Solstad Offshore ASA: Presentation of Second Quarter and Half Year 2026 results
2026-07-15 07:00:00
Skudeneshavn, 15 July 2026
Solstad Offshore ASA (SOFF) is pleased to present its financial results for the second quarter and half year 2026.
CEO Lars Peder Solstad states:
"We delivered a quarter with solid operational and financial performance. Increased activity across the fleet and strong order intake during the quarter have strengthened our backlog and support a positive outlook going forward."
- Total Adjusted EBITDA of USD 41 million in the quarter compared to USD 32 million same quarter last year
- Normand Maximus has been awarded a LoI for a 2-year firm period commencing in Q1 2027 with 1 optional year thereafter, contributing to a total order intake of USD 216 million in the quarter
- Signed a Memorandum of Agreement for sale of the Normand Tonjer
- Contracted a newbuild CSV for delivery in first half 2029, supported by a long-term contract
- Distributes cash dividend for Q2 2026 of USD 0.15/share, totaling USD ~12 million
Contacts
Lars Peder Solstad CEO, at +47 91 31 85 85
Kjetil Ramstad CFO, at +47 907 59 489
Solstad Offshore ASA
This information is subject of the disclosure requirements pursuant to section 5 -12 of the Norwegian Securities Trading Act.