FilingReader Intelligence
Solstad Offshore Q2 profit jumps to $39m
July 14, 2025 at 05:10 AM UTC•By FilingReader AI
Solstad Offshore ASA reported Q2 2025 adjusted EBITDA of $32 million, up from $25 million year-on-year, with net profit surging to $39 million from $4 million. Vessel utilization reached 100%, compared to 97% in Q2 2024.
The company secured new long-term contracts in Brazil, contributing $403 million to quarterly order intake. Firm order backlog stood at $771 million at end-1H 2025.
Solstad plans to initiate quarterly dividends from Q3 2025.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
OSL:SOFF•Oslo Stock Exchange
News Alerts
Get instant email alerts when Solstad Offshore ASA publishes news
Free account required • Unsubscribe anytime