12.02.2026
Solstad Offshore ASA: Presentation of Fourth Quarter and Full Year 2025 results
Skudeneshavn, 12 February 2026
Solstad Offshore ASA (SOFF) is pleased to present its financial results for the fourth quarter and full year 2025.
CEO Lars Peder Solstad states:
“We delivered a quarter with solid activity across the fleet. Although two vessels were between contracts, they are positioned to contribute positively to our 2026 results.”
- Adjusted EBITDA of USD 35 million in the quarter compared to USD 44 million same quarter last year. USD 126 million for full year 2025 compared to USD 132 million in 2024.
- New 4-year contract for Normand Topazio and 1-year extension for Normand Turquesa increases the backlog, and contributes to a total order intake of USD 84 million in the quarter.
- Proposal to distribute cash dividend of USD 0.05/share, totaling approximately USD 4 million, to be approved in an extraordinary general meeting.
Contacts
Lars Peder Solstad CEO, at +47 91 31 85 85
Kjetil Ramstad CFO, at +47 907 59 489
Solstad Offshore ASA
This information is subject of the disclosure requirements pursuant to section 5 -12 of the Norwegian Securities Trading Act.
Solstad Offshore ASA 4Q Presentation