Aker ASA Achieves Strong Third Quarter Results
The third quarter of 2025 has proven to be a pivotal moment for Aker ASA. With a remarkable Net Asset Value (NAV) of NOK 67.5 billion, or NOK 909 per share, this marks a notable increase from the previous quarter’s NOK 66.5 billion. The company’s commitment to enhancing shareholder value is evident as they prepare to distribute an additional cash dividend of NOK 26.50 per share, totaling NOK 2.0 billion, set for the fourth quarter. This brings the annual dividend total to NOK 53.00 per share, reflecting a solid financial position.
Aker ASA has been executing a focused strategy aimed at refining its portfolio since early 2024. During this transformative period, the company has prioritized simplification and diversification while actively investing in new growth sectors.
The breakdown of the NAV reveals that listed investments composed NOK 743, unlisted investments NOK 179, and cash and other assets reached NOK 112 per share. At the end of the quarter, Aker's share price was NOK 783, showcasing an impressive increase of 19.5% during the quarter. This growth significantly eclipsed the Oslo Stock Exchange benchmark index (OSEBX), which rose just 1.4%, and the decline of -0.7% in Brent oil prices.
Leadership Insights
Øyvind Eriksen, President & CEO of Aker ASA, shared insights into the company's ongoing evolution, stating, "Aker is continuing its evolution – and the market is taking note. We've reshaped our portfolio, sharpened our strategy, and delivered four consecutive quarters of NAV growth. Our share price is up nearly 50 percent year-to-date, significantly outpacing the Oslo Stock Exchange benchmark index. We're building long-term value with a strong industrial backbone and disciplined expansion into industrial software, AI infrastructure, and real estate. The foundation is solid, the direction is clear, and the results are starting to reflect the scale of what we're building."
Key Highlights for Q3 2025
Aker ASA's recent achievements include:
- Establishment of the Aker Nscale joint venture which partners with major customers such as OpenAI and Microsoft.
- Progress on Aker BP projects with successful exploration and updated production guidance.
- Outstanding quarter for Cognite, maintaining its strong growth momentum.
- Completion of Aker Horizons transaction, marking a significant milestone.
- Delisting of Philly Shipyard from the stock exchange.
Post Quarter Developments
Following the end of the quarter, Aker ASA achieved significant milestones:
- Secured a 9.3% ownership in Nscale through participation in a record Series B funding round.
- Continued expansion in real estate with a 7.48% acquisition in Sveafastigheter.
Financial Highlights for Q3 2025
Here are the essential financial achievements for Aker ASA during the third quarter:
- Gross Asset Value (GAV): NOK 76.8 billion.
- Listed equity investments totaling NOK 55.2 billion.
- Unlisted equity investments at NOK 13.3 billion.
- Cash and other assets accounted for NOK 8.3 billion.
- NET Asset Value stands at NOK 67.5 billion.
- NAV per share reported at NOK 909.
- Share price at quarter-end: NOK 783.
- Dividends approved at NOK 26.50 per share (totaling NOK 2.0 billion).
- Liquidity reported at NOK 7.8 billion (including NOK 1.3 billion in cash and liquid funds, along with undrawn credit facilities).
A webcast presentation is scheduled providing a platform for further engagement with stakeholders.
For any media inquiries, please reach out to:
Atle Kigen, Head of Media Relations and Public Affairs
Contact: +47 90 78 48 78
Investors can direct their queries to:
Fredrik Berge, Head of Investor Relations
Contact: +47 45 03 20 90
Frequently Asked Questions
What were the main financial outcomes for Aker ASA in Q3 2025?
Aker ASA reported a Net Asset Value of NOK 67.5 billion and a share price of NOK 783, alongside significant dividend announcements.
Who is the President and CEO of Aker ASA?
Øyvind Eriksen serves as the President and CEO of Aker ASA.
What major partnerships did Aker ASA establish recently?
Aker ASA formed the Aker Nscale joint venture with major customers such as OpenAI and Microsoft.
What is Aker's approach to growth?
Aker ASA is focused on portfolio simplification, diversification, and investing in new growth pillars such as industrial software and AI.
How did Aker's stock perform compared to the market?
Aker's share price rose by 19.5%, outpacing the Oslo Stock Exchange benchmark which rose by only 1.4% in the same period.
