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Aker Solutions ASA: First-Quarter Results

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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 ha riportato solidi risultati finanziari nel primo trimestre del 2025, con ricavi pari a 14,4 miliardi di NOK, segnando una crescita del 25% rispetto al primo trimestre del 2024. L'azienda ha raggiunto un EBITDA di 1,2 miliardi di NOK con un margine dell'8,4%.

Gli aspetti salienti includono:

  • Ordini acquisiti per un valore di 25,6 miliardi di NOK con un rapporto book-to-bill di 1,8x
  • Portafoglio ordini garantito di 72,1 miliardi di NOK
  • Utile per azione di 1,35 NOK
  • Posizione netta di cassa di 3,4 miliardi di NOK

L'azienda prevede che i ricavi del 2025 supereranno i 55 miliardi di NOK, con un margine EBITDA compreso tra il 7,0% e il 7,5%. Gli azionisti riceveranno un dividendo in contanti di 3,30 NOK per azione l'8 maggio 2025. Nonostante le difficoltà nei progetti legacy di energie rinnovabili, Aker Solutions mantiene un solido portafoglio gare di 85 miliardi di NOK, principalmente in opportunità nel settore petrolifero e del gas europeo.

Aker Solutions informó sólidos resultados financieros en el primer trimestre de 2025, con ingresos que alcanzaron los 14,4 mil millones de NOK, lo que representa un crecimiento del 25% respecto al primer trimestre de 2024. La compañía logró un EBITDA de 1,2 mil millones de NOK con un margen del 8,4%.

Los aspectos clave incluyen:

  • Entrada de pedidos por 25,6 mil millones de NOK con una relación book-to-bill de 1,8x
  • Cartera de pedidos asegurada de 72,1 mil millones de NOK
  • Ganancias por acción de 1,35 NOK
  • Posición neta de efectivo de 3,4 mil millones de NOK

La compañía espera que los ingresos de 2025 superen los 55 mil millones de NOK, con un margen EBITDA entre el 7,0% y el 7,5%. Los accionistas recibirán un dividendo en efectivo de 3,30 NOK por acción el 8 de mayo de 2025. A pesar de enfrentar desafíos en proyectos heredados de energías renovables, Aker Solutions mantiene una sólida cartera de licitaciones de 85 mil millones de NOK, principalmente en oportunidades en el sector petrolero y gasístico europeo.

Aker Solutions는 2025년 1분기 강력한 재무 실적을 보고했으며, 매출은 144억 NOK에 달해 2024년 1분기 대비 25% 성장했습니다. 회사는 12억 NOK의 EBITDA를 8.4%의 마진으로 달성했습니다.

주요 내용은 다음과 같습니다:

  • 256억 NOK의 수주 실적과 1.8배의 북투빌(book-to-bill) 비율
  • 721억 NOK의 확보된 수주 잔고
  • 주당 순이익 1.35 NOK
  • 34억 NOK의 순현금 포지션

회사는 2025년 매출이 550억 NOK를 초과할 것으로 예상하며, EBITDA 마진은 7.0-7.5% 사이가 될 것으로 전망합니다. 주주들은 2025년 5월 8일 주당 3.30 NOK의 현금 배당을 받을 예정입니다. 기존 재생에너지 프로젝트에서 어려움이 있지만, Aker Solutions는 주로 유럽 석유 및 가스 분야에서 850억 NOK의 강력한 입찰 파이프라인을 유지하고 있습니다.

Aker Solutions a annoncé de solides résultats financiers pour le premier trimestre 2025, avec un chiffre d'affaires atteignant 14,4 milliards de NOK, soit une croissance de 25 % par rapport au premier trimestre 2024. La société a réalisé un EBITDA de 1,2 milliard de NOK avec une marge de 8,4 %.

Les points clés sont :

  • Prises de commandes de 25,6 milliards de NOK avec un ratio book-to-bill de 1,8
  • Portefeuille de commandes sécurisé de 72,1 milliards de NOK
  • Bénéfice par action de 1,35 NOK
  • Position nette de trésorerie de 3,4 milliards de NOK

La société prévoit que le chiffre d'affaires 2025 dépassera 55 milliards de NOK, avec une marge EBITDA comprise entre 7,0 % et 7,5 %. Les actionnaires recevront un dividende en espèces de 3,30 NOK par action le 8 mai 2025. Malgré les défis rencontrés dans les projets d'énergies renouvelables historiques, Aker Solutions maintient un solide carnet de commandes de 85 milliards de NOK, principalement dans les opportunités pétrolières et gazières européennes.

Aker Solutions meldete starke Finanzergebnisse für das erste Quartal 2025 mit einem Umsatz von 14,4 Milliarden NOK, was einem Wachstum von 25 % gegenüber dem ersten Quartal 2024 entspricht. Das Unternehmen erzielte ein EBITDA von 1,2 Milliarden NOK bei einer Marge von 8,4 %.

Wichtige Punkte sind:

  • Auftragseingang von 25,6 Milliarden NOK mit einem Book-to-Bill-Verhältnis von 1,8
  • Gesicherter Auftragsbestand von 72,1 Milliarden NOK
  • Gewinn je Aktie von 1,35 NOK
  • Netto-Cash-Position von 3,4 Milliarden NOK

Das Unternehmen erwartet, dass der Umsatz 2025 55 Milliarden NOK übersteigen wird, mit einer EBITDA-Marge zwischen 7,0 % und 7,5 %. Die Aktionäre erhalten am 8. Mai 2025 eine Bardividende von 3,30 NOK je Aktie. Trotz Herausforderungen bei älteren Erneuerbare-Energien-Projekten hält Aker Solutions eine starke Auftrags-Pipeline von 85 Milliarden NOK, hauptsächlich im europäischen Öl- und Gassektor.

Positive
  • Revenue grew 25% YoY to NOK 14.4B in Q1 2025
  • Strong order intake of NOK 25.6B with 1.8x book-to-bill ratio
  • Solid order backlog of NOK 72.1B
  • Net cash position of NOK 3.4B
  • OneSubsea subsidiary delivered 20.4% EBITDA margin
  • Received NOK 152M in quarterly dividends from OneSubsea
  • Approved cash dividend of NOK 3.30 per share
  • Full year 2025 revenue expected to exceed NOK 55B
Negative
  • Legacy renewables projects facing operational and commercial challenges
  • EBITDA margin excluding OneSubsea income declined to 7.2%
  • Full year 2025 EBITDA margin guidance of 7.0-7.5% shows potential margin pressure

OSLO, Norway, April 30, 2025 /PRNewswire/ -- Aker Solutions has delivered high revenue growth and a strong order intake in the first quarter of 2025. The company continues to have a solid order backlog and high tender activity. Earlier this week, the Annual General Meeting approved the cash dividend of NOK 3.30 per share for the fiscal year of 2024.

1Q 2025 Financial Highlights

(all figures excluding special items)        
Revenue NOK 14.4 billion 
EBITDA NOK 1.2 billion    
EBITDA margin 8.4 percent    
Earnings per share NOK 1.35 
Order intake NOK 25.6 billion (1.8 times book-to-bill) 
Order backlog NOK 72.1 billion 

"We are keeping up momentum in yet another high-activity quarter, resulting in good progress on our project portfolio and solid financials. This speaks volumes about the strength and resilience of our organization," said Kjetel Digre, Chief Executive Officer of Aker Solutions. 

"Our recent contract wins show that we remain a competitive and trusted partner in the broader energy market. At the same time, we continue our efforts together with our clients and strategic partners to improve productivity and drive down costs," said Digre. 

Key developments

Revenue in the first quarter increased to NOK 14.4 billion compared to NOK 11.5 billion in the first quarter of 2024, representing a growth of 25 percent. EBITDA increased to NOK 1,213 million, compared to NOK 987 million in the same quarter last year. The underlying EBITDA margin for the quarter was 8.4 percent, or 7.2 percent if excluding the net income from OneSubsea.

As previously disclosed, the legacy renewables projects have been both operationally and commercially challenging. The projects are progressing for delivery in 2025. Discussions are ongoing with both clients and subcontractors to solve these commercial challenges.

Order intake for the quarter ended at NOK 25.6 billion, or 1.8-times book-to-bill. Most of the new orders relate to the 'second generation' of renewables and transitional energy projects in Aker Solutions, with balanced risk-reward profiles and focus on standardization to reduce costs. The secured order backlog at the end of the quarter stood at NOK 72.1 billion.

OneSubsea, owned 20 percent by Aker Solutions, also delivered strong financial results in the period, with an EBITDA margin of 20.4 percent. OneSubsea has an attractive dividend policy with ambitions to distribute more than USD 250 million during the year. During the first quarter, Aker Solutions received NOK 152 million in quarterly dividends from OneSubsea.   

Aker Solutions' financial position remains solid with a net cash position of NOK 3.4 billion at the end of the first quarter.  

Outlook and financial guiding 

The company continues to have a solid order backlog and a large tender pipeline of about NOK 85 billion, dominated by oil and gas opportunities in Europe.

Based on the secured backlog and market activity, full year revenue in 2025 is now expected to exceed NOK 55 billion. At this early stage, the underlying EBITDA margin, excluding net income from OneSubsea, is expected to be in the 7.0-7.5 percent range for the full year of 2025.

Earlier this week, the Annual General Meeting approved the cash dividend of NOK 3.30 per share which will be paid on May 8, 2025.    

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

https://news.cision.com/aker-solutions-asa/r/aker-solutions-asa--first-quarter-results,c4143132

The following files are available for download:

https://mb.cision.com/Public/18353/4143132/89d9c3761e11df1b.pdf

1Q-2025-Presentation

 

Cision View original content:https://www.prnewswire.com/news-releases/aker-solutions-asa-first-quarter-results-302442243.html

SOURCE Aker Solutions ASA

FAQ

What is AKRYY's revenue and EBITDA for Q1 2025?

Aker Solutions (AKRYY) reported revenue of NOK 14.4 billion and EBITDA of NOK 1.2 billion in Q1 2025, with an EBITDA margin of 8.4%. This represents a 25% revenue growth compared to Q1 2024.

How much dividend will AKRYY pay shareholders in May 2025?

AKRYY shareholders will receive a cash dividend of NOK 3.30 per share, which was approved by the Annual General Meeting and will be paid on May 8, 2025.

What is AKRYY's order backlog and intake for Q1 2025?

Aker Solutions secured an order intake of NOK 25.6 billion (1.8 times book-to-bill) and maintains an order backlog of NOK 72.1 billion as of Q1 2025.

What is AKRYY's revenue forecast for full-year 2025?

Aker Solutions expects full-year 2025 revenue to exceed NOK 55 billion, with an underlying EBITDA margin between 7.0-7.5% (excluding OneSubsea income).

How much did AKRYY receive in dividends from OneSubsea in Q1 2025?

Aker Solutions received NOK 152 million in quarterly dividends from OneSubsea, which achieved an EBITDA margin of 20.4% in Q1 2025.

What is AKRYY's current tender pipeline value?

Aker Solutions has a tender pipeline of approximately NOK 85 billion, primarily consisting of oil and gas opportunities in Europe.
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