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.
The AKER SOLTNS ASA UNSP/ADR (AKRYY) news page on Stock Titan aggregates company communications and media coverage related to Aker Solutions ASA. According to its recent second-quarter and half-year 2025 update, the company reports on financial performance, project milestones and developments across its energy-focused portfolio.
News items for AKRYY can include quarterly and half-year results, where Aker Solutions highlights revenue, EBITDA, order intake, order backlog and net cash position, often distinguishing figures excluding special items. These updates also describe how the Life Cycle and Renewables and Field Development segments are performing, including comments on margin development and the impact of legacy projects.
Company communications also report on project-specific milestones. Recent examples include the delivery and installation of the Valhall PWP substructure for Aker BP, the official opening and first capture of CO2 at Heidelberg’s cement plant at Brevik, and an award for the steel substructure for the BalWin 2 offshore wind project in Germany. Such news illustrates the company’s involvement in offshore oil and gas infrastructure, offshore wind and carbon capture-related projects.
In addition, Aker Solutions uses news releases to describe contract extensions, such as the extension of a brownfield services contract with Brunei Shell Petroleum, and to outline expectations for full-year revenue and underlying EBITDA margin based on secured backlog and market activity. Investors and observers can use this news feed to follow how order intake, backlog, technology use and energy transition projects evolve over time.
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Aker Solutions has released its comprehensive reports for 2022, including the annual report, sustainability report, remuneration report, and corporate governance report. These documents, now available for download, include detailed insights into the company's financial performance and governance practices. The reports can be accessed directly on their website. The company has also published its annual financial statements in the European Single Electronic Format (ESEF), consolidating its commitment to transparency and regulatory compliance.
Aker Solutions reported strong financial results for Q4 and full-year 2022, showcasing significant revenue growth and record order intake. Q4 revenue surged to NOK 12.5 billion, with an EBITDA of NOK 999 million and an EBITDA margin of 8.0%. Full-year revenue reached NOK 41.4 billion, a 41% increase from 2021. The company secured a record order intake of NOK 59.3 billion in Q4, contributing to a backlog of NOK 97.3 billion. Aker Solutions forecasts a 15% revenue increase in 2023 and proposes a dividend of NOK 1.00 per share.
Aker Solutions has secured a five-year frame agreement with Petrobras to supply subsea production systems and lifecycle services for Petrobras-operated fields in Brazil. Estimated order intake could reach between NOK 1.5 billion and NOK 2.5 billion for significant contracts and NOK 2.5 billion to NOK 4.0 billion for substantial contracts. The agreement aims for over 50% local content and emphasizes safe, sustainable operations. Aker Solutions has been active in Brazil for over four decades, reinforcing its commitment to local partnerships and digital solutions.
Aker Solutions reported strong financial performance in Q3 2022, with revenue reaching NOK 10.0 billion, up from NOK 7.3 billion year-over-year. EBITDA increased to NOK 749 million with a margin of 7.5%. Earnings per share stood at NOK 0.58 and net cash position was NOK 3.5 billion. The company announced a joint venture with Schlumberger, receiving USD 700 million for a 20% ownership stake. Aker Solutions expects full-year revenue to rise by more than 35% from 2021, driven by strong tendering activity and market demand.
Aker Solutions ASA, Schlumberger, and Subsea 7 announced a Joint Venture to enhance subsea production economics. Following the deal, ownership will stand at Schlumberger (70%), Aker Solutions (20%), and Subsea 7 (10%). Aker Solutions will receive USD 700 million from the sale of a 20% stake, split between stock and cash. The transaction is poised for completion in H2 2023, with an estimated synergy potential of over USD 100 million annually. Aker Solutions expects NOK 38 billion in revenues for 2022, with NOK 13 billion from the subsea segment.