Solstad Maritime ASA: Presentation of Third Quarter 2026 results
Key Highlights
- ➤Adjusted EBITDA $117 million, versus $69 million in Q3 last year
- ➤Full-year Adjusted EBITDA guidance narrowed to $375–390 million
- ➤Quarterly order intake reached $235 million, with 1.2x book-to-bill
- ➤AHTS North Sea spot/project fleet drove earnings improvement
- ➤Q3 cash dividend set at $0.12 per share, totaling approximately $56 million
Expert Statements
Lars Peder Solstad, CEO of Solstad Maritime ASA
“The quarter delivered record-high Adjusted EBITDA, supported by improved utilization and day rates across the fleet. With a solid financial position and healthy order intake we are well positioned for 2027.”
Solstad Maritime ASA (SOMA) is pleased to present its financial results for the third quarter 2026.
“The quarter delivered record-high Adjusted EBITDA, supported by improved utilization and day rates across the fleet. With a solid financial position and healthy order intake we are well positioned for 2027.” * Adjusted EBITDA of USD 117 million in the quarter compared to USD 69 million same quarter last year. Full-year Adjusted EBITDA guidance narrowed to USD 375 –390 million * Total order intake of USD 235 million in the quarter resulting in a book-to-bill ratio of 1.2x * The AHTS North Sea spot/project fleet drove improvements in earnings, with the CSV fleet also improving quarter-over-quarter * Distributes cash dividend for Q3 2026 of USD 0.12/share, totaling USD ~56 million Contacts
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