Solstad Offshore lowers 2025 financial guidance on associate's adjusted outlook

Solstad Offshore ASA has updated its financial guidance for the full year 2025, primarily due to a reduction in its share of results from Solstad Maritime ASA. The company's adjusted EBITDA guidance for 2025 has been adjusted downwards from a previous range of $120-$150m to approximately $115m.

This revision is largely driven by a significant adjustment in the expected adjusted EBITDA from joint ventures and associated companies, which is now approximately $50m, down from the earlier guidance of $60-$80m. Conversely, the operational adjusted EBITDA from its own operations remains consistent with previous communication, anticipated to be between $60-$70m.

The company is currently finalizing its financial results for the third quarter of 2025, which are subject to potential adjustments and have not yet been audited. Further details are expected to be released with the quarterly results on October 30, 2025.