ARR: Arribatec increases underlying profitability and cash generation

Oslo, 27 August 2026 - Arribatec Group ASA delivered an adjusted EBITA margin of
10.9 per cent in the second quarter of 2026, up from 9.8 per cent in the same
period last year. Revenue was unchanged in constant currency and amounted to NOK
139.4 million in the quarter. At the same time, the Group continued its strong
cash generation and paid its first dividend in the company's history.

EBITA, adjusted for non-cash option costs, increased by 8 per cent to NOK 15.2
million, while operating profit (EBIT) increased by 17 per cent to NOK 11.2
million. For the first half of the year, EBIT increased by 46 per cent to NOK
18.5 million.

"The measures implemented over the past year and a half are now clearly
reflected in our results. Profitability has improved across the business, and we
are building a more robust and scalable company. We are not yet where we want to
be, but the development across the Group strengthens our confidence in the
direction we have set," says CEO Ole Jakob Kjølvik.

Strong cash flow and first dividend
Arribatec continued to deliver strong cash generation. Cash flow from
operational activities was NOK 8.3 million in the quarter and NOK 44.2 million
for the first half of the year. In the last twelve months, operating cash flow
amounted to NOK 64.1 million, corresponding to an EBITDA-to-cash flow conversion
of 99 per cent. 

The financial development enabled the company to pay its first ordinary dividend
of NOK 1.00 per share in June, corresponding to approximately NOK 67 million.
Based on the share price at the time of the general meeting's decision, this
represented a dividend yield of about 14.5 per cent. The Group has no
interest-bearing debt and maintains an equity ratio of 58.4 per cent.

"The ability to strengthen the underlying profitability, generate strong cash
flow and at the same time return capital to shareholders shows that Arribatec
has established a solid financial platform. Our financial position allows us to
balance investments in the business with ongoing shareholder returns," says
Kjølvik. 

EA&BPM delivers clear performance improvement
The EA&BPM (Enterprise Architecture & Business Process Management) business area
delivered the strongest margin development of the quarter. Revenue increased by
6 per cent, while the EBITA margin rose to 16.1 per cent from 0.9 per cent in
the corresponding quarter last year. The development reflects the effects of
implemented efficiency measures, high customer activity and increased demand for
services in enterprise architecture, process development, management and
AI-related consulting. 

Business Services delivered stable revenue and an EBITA margin of 9.7 per cent.
Cloud returned to positive EBITA after weak results in the fourth quarter of
2025 and the first quarter of 2026, with an EBITA margin of 3.5 per cent, and
the Group is implementing additional price, cost and delivery measures aimed at
strengthening profitability through the second half of the year. 

High sales activity and growing demand for AI-related services
During the quarter, Arribatec signed 358 new contracts with a total value of NOK
97 million. The total contract value for the last twelve months amounted to NOK
523 million. The company is experiencing increasing bid activity and a
strengthened commercial pipeline across the business. 

The market is gradually moving from AI experimentation towards implementation.
Demand is increasing for solutions that combine data, processes, business
management, and AI in business-critical environments. Arribatec's expertise in
ERP, enterprise architecture, process improvement and cloud services provides a
good starting point for meeting this development. 

"AI does not create less need for our services. On the contrary, we see that
customers must first establish good data, process and management structures in
order to realise the value of AI investments. These are areas where Arribatec
already has strong market positions," says Kjølvik. 

Through Nasjonal Sky (National Cloud), developed together with Eidsiva, the
company is investing in sovereign cloud services. The offering has attracted
interest from companies in the public and private sectors with strict
requirements for security, compliance and data sovereignty.

Outlook
Arribatec continues its efforts to strengthen profitability, increase
operational efficiency and build a stronger foundation for sustainable growth.
Demand for digital transformation, data-driven decision support and AI-related
solutions remains positive, while market conditions vary between business areas.
Increased offer activity and a healthy pipeline provide support for the level of
activity going forward. 

The company will continue to prioritise improvements in the Cloud segment,
further develop its positions in ERP, enterprise architecture, and AI-related
services, and maintain focus on improved profitability, cash flow, and
shareholder value. 

Arribatec Group ASA will present its results for the second quarter of 2026 on
Thursday 27 August 2026 at 10:00 CEST.

For further information:
Ole Jakob Kjølvik, CEO
[email protected]
+47 915 98 935

Bent Hammer, CFO
[email protected]
+47 982 15 497


About Arribatec Group ASA www.arribatec.com 
Arribatec is a software and consulting company headquartered in Oslo, offering
digital business solutions in ERP, enterprise architecture, cloud services and
business process management. The company serves more than 800 active customers
in 25 countries and is listed on the Oslo Stock Exchange under the ticker ARR. 

This information is subject to the disclosure requirements pursuant to MAR and
section 5-12 of the Norwegian Securities Trading Act. The information was
submitted for publication, through the agency of the contact person set out
above, at 07:30 CEST on 27 August 2026.
urities Trading Act. The information was\
submitted for publication\, through the agency of the contact person set out\
above\, at 07:30 CEST on 27 August 2026.\