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
Metric | Beat/Miss | Actual | Consensus Estimate |
Q4 Revenue | Beat | NOK 16.70 bln | NOK 15.92 bln (7 Analysts) |
Q4 EPS | NOK 1.50 | ||
Q4 EBITDA | Miss | NOK 1.30 bln | NOK 1.40 bln (7 Analysts) |
Q4 EBITDA Margin | 7.90% | ||
Q4 Order Backlog | NOK 64.80 bln | ||
Q4 Orders | NOK 19.60 bln |
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.)