Aker Solutions ASA: Fourth-quarter and full-year 2025 results
MWN-AI** Summary
Aker Solutions ASA reported strong financial results for the fourth quarter and full-year 2025, driven by high operational activity. The company achieved a significant net cash position of NOK 3.7 billion, bolstered by robust cash generation and dividends from its 20% stake in SLB OneSubsea. The Board proposed a dividend of NOK 3.60 per share for 2025.
For the full-year 2025, Aker Solutions generated revenues of NOK 63.2 billion, marking a 19% year-on-year increase. The EBITDA was NOK 5.3 billion, translating to an EBITDA margin of 8.4%. The earnings per share stood at NOK 6.10, and the order intake totaled NOK 66.4 billion, reflecting a stable book-to-bill ratio of 1.1x. In Q4 alone, revenue came in at NOK 16.7 billion, with an EBITDA of NOK 1.3 billion.
CEO Kjetel Digre emphasized the company's focus on solid project execution and continuous innovation, which have contributed to meeting ambitious targets set in 2020. Aker Solutions is strategically positioning itself for future markets, enhancing offerings for long-term value creation.
Looking ahead, the company forecasts revenues between NOK 45 billion and NOK 50 billion for 2026 and expects EBITDA margins to decline to 7.0-7.5%. The strong order backlog and ongoing high activity levels in tenders indicate a promising outlook. Additionally, Aker Solutions is expanding its customer base through innovative engineering and consultancy services.
SLB OneSubsea, which generated revenues of USD 3.8 billion in 2025, remains crucial to Aker Solutions' value creation. The company aims to secure new orders exceeding USD 9 billion over the next two years, setting the stage for future growth.
MWN-AI** Analysis
Aker Solutions ASA reported robust fourth-quarter and full-year results for 2025, reflecting a strategic focus on solid project execution and an ambitious growth trajectory. With full-year revenues reaching NOK 63.2 billion—a 19% increase year-on-year—combined with a net cash position of NOK 3.7 billion, Aker Solutions is well-positioned for continued growth despite a more conservative revenue outlook for 2026, projected between NOK 45 and 50 billion.
The fourth-quarter financials bolster this outlook, demonstrating a revenue increase to NOK 16.7 billion, accompanied by an EBITDA margin of 7.9%. Notably, the company’s order intake of NOK 19.6 billion in Q4 and an overall book-to-bill ratio of 1.2 for the year indicate healthy market demand and backlog stability at NOK 64.8 billion.
Investors should pay close attention to Aker Solutions’ plans for capital allocation. The proposed dividend of NOK 3.60 per share, constituting approximately 60% of net income, signals a commitment to returning value to shareholders while maintaining sufficient liquidity for strategic investments and potential project expansions. Given the vital role of SLB OneSubsea in Aker's portfolio—contributing significant dividends and demonstrating strong growth potential—monitoring this partnership is essential for long-term performance projections.
As Aker navigates an evolving energy landscape, focusing on engineering capabilities and leveraging advanced technologies—such as AI—will likely enhance its competitive edge. Thus, while a cautious approach to 2026 revenues is warranted, the underlying fundamentals and strategic framework position Aker Solutions favorably for future growth. For investors, maintaining a hold or considering a moderate buy may be prudent as the company continues to adapt to market dynamics and secure its niche in the energy sector.
**MWN-AI Summary and Analysis is based on asking OpenAI to summarize and analyze this news release.
PR Newswire
OSLO, Norway, Feb. 6, 2026 /PRNewswire/ -- Aker Solutions delivered solid financial results in a period of record-high activity. The net cash position increased to NOK 3.7 billion, driven by strong cash generation and dividends from the company's 20 percent ownership in SLB OneSubsea. Aker Solutions intends to pay out dividends of NOK 3.60 per share for 2025.
2025 Full-year financial highlights
(excluding special items)
- Revenue NOK 63.2 billion
- EBITDA NOK 5.3 billion
- EBITDA margin 8.4 percent
- Earnings per share NOK 6.10
- Order intake NOK 66.4 billion (1.1x book-to-bill)
- Board of Directors will propose dividend of NOK 3.60 per share for 2025
4Q 2025 Financial highlights
(excluding special items)
- Revenue NOK 16.7 billion
- EBITDA NOK 1.3 billion
- EBITDA margin 7.9 percent
- Earnings per share NOK 1.50
- Order intake NOK 19.6 billion (1.2x book-to-bill)
- Order backlog NOK 64.8 billion
"Our results for the quarter and the full year demonstrate that we have delivered on the ambitious targets set back in 2020, reflecting solid project execution and continuous innovation across the organization," said Kjetel Digre, Chief Executive Officer at Aker Solutions.
"I am also encouraged by the way we are positioning our company for markets beyond the current project horizon, strengthening and broadening our offerings to support long-term value creation," said Digre.
Key developments
In the fourth quarter, revenue increased to NOK 16.7 billion from NOK 15.7 billion in the same period last year, representing a 6 percent increase. EBITDA excluding special items was NOK 1.3 billion with a margin of 7.9 percent.
For the full year, revenues increased to NOK 63.2 billion, a year-on-year growth of 19 percent. EBITDA excluding special items for the full year was NOK 5.3 billion or 8.4 percent. The underlying EBITDA-margin for 2025 excluding net income from SLB OneSubsea was 7.3 percent, in line with guiding.
Order intake in the quarter was NOK 19.6 billion, representing a book-to-bill ratio of 1.2x for the period. The total order intake for 2025 was NOK 66.4 billion. The secured backlog at the end of the year was NOK 64.8 billion.
Net cash position at year-end was NOK 3.7 billion. During the quarter, Aker Solutions received a dividend of NOK 402 million for its 20 percent ownership of SLB OneSubsea. For the full year of 2025, Aker Solutions has received a total dividend of NOK 841 million from SLB OneSubsea.
Outlook
Aker Solutions expects revenues in 2026 to be between NOK 45 and 50 billion. Actions are being taken to adjust capacity and costs for the expected activity levels. EBITDA-margins excluding net income from SLB OneSubsea are expected to be between 7.0 and 7.5 percent in 2026.
The company continues to have a solid order backlog and high activity within tenders and early-phase studies. Life Cycle has secured several important long-term frame agreements for maintenance and modifications services, enabling good visibility on activity levels over the next 5-10 years.
Aker Solutions is also expanding its customer network through engineering and consultancy studies, leveraging its 5,000 strong engineering organization, powered by innovative digital solutions and artificial intelligence, to solve global energy challenges for future generations.
SLB OneSubsea is an important contributor to value creation in Aker Solutions, through its 20 percent ownership. This leading subsea company delivered revenues of USD 3.8 billion with an EBITDA-margin of 19.4 percent in 2025. Going forward, SLB OneSubsea has an ambition to secure new orders of more than USD 9 billion over the next two years, positioning for growth from 2027 onwards. At year-end, it had a net cash position of USD 567 million after dividend payments.
Capital allocation and dividend
Based on Aker Solutions' financial position and outlook, the Board of Directors will propose a dividend of NOK 3.60 per share for the fiscal year 2025, to be paid in 2026, pending approval in the Annual General Meeting on April 16, 2026. The dividend payment represents approximately 60 percent of net income excluding special items, in line with the ordinary dividend policy.
CONTACT:
Preben Ørbeck
investor relations
preben.orbeck@akersolutions.com
+47 470 10 611
Hallvard Norum
media contact
hallvard.norum@akersolutions.com
+47 913 80 820
This information was brought to you by Cision http://news.cision.com
The following files are available for download:
https://mb.cision.com/Public/18353/4303615/9287b783922fcced.pdf | 4Q 2025 Presentation |
SOURCE Aker Solutions ASA
FAQ**
How does Aker Solutions ASA ADR AKRYY plan to manage its costs and capacity in 2026, considering the anticipated revenue decline to between NOK 45 and 50 billion?
Could you elaborate on the impact that SLB OneSubsea's performance and new order ambitions have on Aker Solutions ASA ADR AKRYY's revenue and profitability projections?
With a robust order backlog of NOK 64.8 billion, what specific strategies is Aker Solutions ASA ADR AKRYY implementing to further capitalize on demand in the subsea market over the next 5-10 years?
What factors contributed to the 19 percent year-on-year revenue growth in 2025 for Aker Solutions ASA ADR AKRYY, and how does the company plan to sustain this momentum into 2026 and beyond?
**MWN-AI FAQ is based on asking OpenAI questions about Aker Solutions ASA ADR (OTC: AKRYY).
NASDAQ: AKRYY
AKRYY Trading
-52.89% G/L:
$6.845 Last:
137 Volume:
$6.845 Open:
