Overview

• Norway energy solutions provider's Q4 revenue rose 6%, beating analyst expectations

• Q4 EBITDA missed analyst estimates

• Company plans NOK 3.60 per share dividend for 2025

Outlook

• Aker Solutions expects 2026 revenue between NOK 45 bln and NOK 50 bln

• Company anticipates 2026 EBITDA margins between 7.0% and 7.5%

• Aker Solutions has secured long-term agreements for maintenance services

Result Drivers

• PROJECT EXECUTION - CEO attributed Q4 revenue growth to solid project execution and continuous innovation

• SLB ONESUBSEA DIVIDENDS - Co received NOK 402 mln in Q4 dividends from 20% ownership in SLB OneSubsea, boosting net cash

• STRONG ORDER INTAKE - Q4 order intake was NOK 19.6 bln with a book-to-bill ratio of 1.2x, indicating strong demand

Key Details

Analyst Coverage

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 4 "strong buy" or "buy", 5 "hold" and 2 "sell" or "strong sell"

• The average consensus recommendation for the oil related services and equipment peer group is "buy."

• Wall Street's median 12-month price target for Aker Solutions ASA is NOK35.00, about 0.6% above its February 5 closing price of NOK34.80

• The stock recently traded at 7 times the next 12-month earnings vs. a P/E of 6 three months ago

Press Release: ID:nWkr7R4vQl

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)