AKVA Group posts robust Q3 2025 financial performance

AKVA Group achieved Q3 2025 revenue of NOK 1,112m, a 19% increase from Q3 2024, contributing to an EBITDA of NOK 148m, up NOK 20m year-over-year. The Land Based segment saw significant revenue growth of 90% to NOK 308m, with an EBITDA margin of 7.3%, largely due to improved project margins. Sea Based revenue rose 4% to NOK 770m, though its EBITDA margin slightly decreased to 14.7%. The Digital segment maintained steady revenue at NOK 34m but improved its EBITDA margin to 36%.

Order intake for Q3 2025 was NOK 786m, with a total order backlog of NOK 2,363m. A notable RAS contract worth NOK 220m was awarded early in Q4. AKVA Group is confident in achieving its 2025 guidance of at least NOK 4.0bn in revenue and an EBIT of 6%, supported by anticipated strong order intake in Q4 2025. The company also paid a dividend of NOK 1 per share for the second half of 2025, demonstrating its commitment to shareholder returns.