09.10.2025
Solstad Offshore ASA – update to its financial guidance for 2025
Skudeneshavn, 9 October 2025
Reference is made to today’s stock exchange announcement from Solstad Maritime ASA (“Solstad Maritime”) regarding update of its financial guidance for 2025.
Due to Solstad Maritime’s reduction of its full-year 2025 Adjusted EBITDA guidance and the expected effects on Solstad Offshore ASA’s (the “Company”) share of result from Solstad Maritime, the Company has adjusted its Adjusted EBITDA guidance from USD 120 – 150 million to approximately USD 115 million.
The Company’s adjusted EBITDA consists of its share of results from joint ventures and associated companies and the operational EBITDA from its own operations.
The Adjusted EBITDA from joint ventures and associated companies is adjusted from USD 60-80 million to approximately USD 50 million.
The operational share of the Adjusted EBITDA, from its own operations, is expected in line with previous communication to USD 60-70 million.
The Company is still in the process of preparing and completing the financial results for the third quarter of 2025, which is subject to finalization and other potential adjustments, if any, and the information has not been audited or reviewed by the auditor of the Company. The Company will provide further information when releasing the quarterly results for Q3 2025 on 30 October 2025.
Contacts
Lars Peder Solstad CEO, at +47 91 31 85 85
Kjetil Ramstad CFO, at +47 90 75 94 89
Solstad Offshore ASA