Welcome to our dedicated page for Aker Solutions news (Ticker: AKRYY), a resource for investors and traders seeking the latest updates and insights on Aker Solutions stock.
Aker Solutions ASA (AKRYY) operates in the oilfield services sector, where news developments typically center on contract awards, project completions, and strategic positioning within the global energy infrastructure market. As a Norwegian engineering company serving the offshore oil and gas industry, the company's newsflow reflects broader industry dynamics including upstream capital expenditure trends, commodity price impacts on project sanctioning, and the evolving balance between traditional hydrocarbon development and renewable energy opportunities.
Key news categories for oilfield services companies include major contract announcements that add to project backlogs, quarterly earnings reports revealing margin trends and order intake patterns, and strategic developments such as technology partnerships or business segment realignments. Engineering and construction firms in this sector generate material news around project milestones, as successful delivery or delays on large-scale offshore installations can significantly impact financial performance and industry reputation. Additionally, developments in offshore wind projects and carbon capture initiatives represent emerging news themes as the energy services industry adapts to decarbonization trends.
For investors tracking AKRYY, news coverage provides insight into the company's competitive position in securing offshore projects, execution capabilities on complex engineering contracts, and strategic direction in navigating energy sector transitions. As an ADR representing a foreign-listed company, material announcements may originate from Oslo Stock Exchange disclosures and Norwegian regulatory filings before appearing in U.S. financial media. Regular monitoring of company-specific developments helps investors understand how Aker Solutions is positioned within the cyclical oilfield services industry and responding to both short-term project opportunities and long-term structural changes in global energy markets.
Aker Solutions (AKRYY) reported strong Q2 2025 financial results with revenue reaching NOK 15.2 billion, up from NOK 12.8 billion year-over-year. The company achieved an EBITDA of NOK 1.3 billion with an 8.3% margin. Key highlights include:
The Life Cycle segment showed impressive 30% revenue growth year-over-year with improved margins. The company maintains a robust order backlog of NOK 68.0 billion and a net cash position of NOK 2.1 billion. Notable achievements include the Valhall PWP substructure delivery and first CO2 capture at Heidelberg's Brevik cement plant.
Looking ahead, Aker Solutions expects 2025 revenue to exceed NOK 55 billion with EBITDA margins between 7.0-7.5% excluding OneSubsea income.
Aker Solutions reported strong Q1 2025 financial results with revenue reaching NOK 14.4 billion, marking a 25% growth from Q1 2024. The company achieved an EBITDA of NOK 1.2 billion with an 8.4% margin.
Key highlights include:
- Order intake of NOK 25.6 billion with a 1.8x book-to-bill ratio
- Secured order backlog of NOK 72.1 billion
- Earnings per share of NOK 1.35
- Net cash position of NOK 3.4 billion
The company expects 2025 revenue to exceed NOK 55 billion, with an EBITDA margin between 7.0-7.5%. Shareholders will receive a cash dividend of NOK 3.30 per share on May 8, 2025. While facing challenges in legacy renewables projects, Aker Solutions maintains a strong tender pipeline of NOK 85 billion, primarily in European oil and gas opportunities.
Aker Solutions ASA (AKRYY) has released its comprehensive corporate reporting package for the year 2024, published on April 4, 2025. The package includes the annual report, remuneration report, and corporate governance report.
The documents are accessible through the company's website and have been made available in multiple formats, including the European Single Electronic Format (ESEF) for the annual financial statements. The reports can be accessed via akersolutions.com/annual-reports and akersolutions.com/corporate-governance.
Aker Solutions reported strong financial results for 2024, with revenue reaching NOK 53.2 billion, representing a 47% year-on-year growth. The company's EBITDA excluding special items was NOK 4.6 billion with an 8.7% margin, up from NOK 1.3 billion in 2023. The order backlog remains solid at NOK 61 billion, with a tender pipeline of NOK 86 billion.
For 2025, Aker Solutions projects revenues between NOK 50-55 billion with EBITDA margins of 7.0-7.5%. The company's 20% stake in OneSubsea is expected to yield significant returns, with OneSubsea targeting dividend distributions exceeding USD 250 million to shareholders in 2025. The Board proposes a dividend of NOK 3.30 per share for 2024, representing approximately 50% of net income excluding special items.
Aker Solutions has issued a correction to its third-quarter 2024 results presentation. The company revised slide 15 of the original presentation released at 07:00 CET, which had incorrectly stated projected revenue growth for 2024 as 'more than 45%' from 2023 levels. The correct projection is 'more than 40%' from 2023 levels. The correction aligns with statements made in the morning's press release and webcast presentation.
Aker Solutions reported strong Q3 2024 results with revenue increasing to NOK 13.2 billion from NOK 9.1 billion year-over-year. EBITDA reached NOK 1.2 billion with a 9.2% margin. The company maintains a robust net cash position of NOK 11.7 billion and secured order backlog of NOK 64.7 billion. Based on strong performance, the Board proposed an extraordinary dividend of NOK 21 per share. Full-year 2024 revenue is expected to grow by over 40% compared to 2023, with EBITDA margins around 7.5% excluding OneSubsea income.
Aker Solutions reported strong financial performance for Q2 and H1 2024, achieving significant year-on-year growth. Q2 revenue reached NOK 12.8 billion, a 45% increase from the same period last year, while EBITDA rose to NOK 1.2 billion, reflecting a margin of 9.5%. Earnings per share stood at NOK 1.78. The company has a robust order intake of NOK 15.5 billion and a secured backlog of NOK 71.4 billion, ensuring long-term activity visibility. For H1 2024, revenues were NOK 24.3 billion with an EBITDA of NOK 2.2 billion. Aker Solutions expects 2024 revenues to hit NOK 50 billion, a 40% year-on-year growth, with an EBITDA margin of 7.5%. Key achievements include successful project milestones and new contracts, highlighting strong operational performance and strategic market positioning.
Aker Solutions has announced plans to double its consultancy business, rebranding it as Entr, with aspirations to double revenues and headcount by 2030. This growth will be driven by increasing demand for early phase offerings and adapting services for new markets. Entr plans to expand its workforce from 300 to over 600 employees globally. The consultancy secured 170 studies in areas such as low carbon solutions and offshore wind. Entr aims to de-risk commercial, technical, and ESG aspects of energy projects, leveraging Aker Solutions' extensive industry expertise and project delivery heritage. The company launched its consultancy business in 2021, aiming to engage earlier in the value chain and further accelerate its transformation within the global energy industry.
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