07.05.2026
Solstad Maritime ASA: Presentation of First Quarter 2026 results
Skudeneshavn, 7 May 2026
Solstad Maritime ASA (SOMA) is pleased to present its financial results for the first quarter of 2026.
CEO Lars Peder Solstad states:
“The quarter delivered solid operational and financial performance, driven by strong activity and improved utilization across the fleet.”
- Adjusted EBITDA of USD 103 million in the quarter compared to USD 82 million same quarter last year
- Total order intake of USD 177 million in the quarter resulting in a book-to-bill ratio of 1.0x.
- Agreement reached with existing lenders to increase leverage through an incremental USD 100 million facility, enhancing financial flexibility
- Distributes cash dividend for Q1 2026 of USD 0.086/share, totaling USD ~40 million
Contacts
Lars Peder Solstad CEO, at +47 91 31 85 85
Kjetil Ramstad CFO, at +47 907 59 489
Solstad Maritime ASA
This information is subject of the disclosure requirements pursuant to section 5 -12 of the Norwegian Securities Trading Act.