Aker Solutions ASA's 2025 Financial Performance Overview
Aker Solutions has showcased remarkable financial performance driven by record activity levels in the year. The company proudly reported a net cash position of NOK 3.7 billion, thanks to robust cash generation and dividends derived from its 20 percent stake in SLB OneSubsea. In line with substantial earnings, Aker Solutions plans to distribute dividends of NOK 3.60 per share for the year 2025.
2025 Financial Highlights
Full-year financial highlights revealed impressive numbers for Aker Solutions:
- Revenue reached NOK 63.2 billion
- EBITDA totaled NOK 5.3 billion
- EBITDA margin stood at 8.4 percent
- Earnings per share increased to NOK 6.10
- Order intake was NOK 66.4 billion, achieving a book-to-bill ratio of 1.1x
- The proposed dividend per share for 2025 is NOK 3.60, as approved by the Board of Directors
Fourth Quarter Insights
The fourth quarter of 2025 was particularly noteworthy:
- Revenue climbed to NOK 16.7 billion, up from NOK 15.7 billion a year earlier
- EBITDA for the quarter reached NOK 1.3 billion
- EBITDA margin was recorded at 7.9 percent
- Earnings per share rose to NOK 1.50
- Selectively, order intake stood at NOK 19.6 billion, reflecting a robust 1.2x book-to-bill
- Ending order backlog was a substantial NOK 64.8 billion
Leadership Insights
Kjetel Digre, Chief Executive Officer at Aker Solutions, expressed satisfaction with the results stating, "Our outcomes for both the quarter and the full year illustrate that we have met the ambitious goals established back in 2020, highlighting our efficient project execution and ongoing innovation throughout the organization." Digre also emphasized the strategic positioning of the company for markets beyond the immediate project horizon, which focuses on enhancing and diversifying their offerings for sustained value generation.
Financial Growth and Strategic Innovations
Revenue growth of 6 percent in the fourth quarter indicated a strong performance, with EBITDA margins for the full year aligning well with projections. With a total revenue increase of 19 percent year-on-year, it was evident that Aker Solutions' commitment to operational excellence drove enhancing financial metrics. The finished EBITDA margin, even when excluding net income from SLB OneSubsea, was pegged solidly at 8.4 percent, signifying a healthy growth trajectory.
Future Outlook
Towards 2026, Aker Solutions is forecasting revenues ranging from NOK 45 to 50 billion amid proactive measures to realign capacity and costs according to anticipated activity levels. The company anticipates EBITDA margins, excluding net gains from SLB OneSubsea, to hover between 7.0 and 7.5 percent next year. This positions Aker Solutions to maintain a competitive edge moving forward.
Long-term Strategic Directions
Aker Solutions aims to build on its existing order backlog and robust tender activity. Its Life Cycle segment has secured several critical long-term frame agreements for maintenance and modifications services, ensuring steady visibility into future activity levels over the upcoming 5-10 years. The company’s strategic outreach is further supported by a network expansion that utilizes its impressive engineering workforce, numbering 5,000, enhanced by advanced digital solutions and artificial intelligence.
Significance of SLB OneSubsea
SLB OneSubsea continues to play a vital role in Aker Solutions' value creation strategy through its 20 percent stake. This leading subsea entity reported revenues of USD 3.8 billion alongside an impressive EBITDA margin of 19.4 percent for the last fiscal year. SLB OneSubsea is poised for remarkable growth, with aspirations to secure new orders exceeding USD 9 billion in the following two years, making them well-positioned for substantial expansion from 2027 onward.
Capital Allocation Strategy
Given Aker Solutions' sound financial standing and forward-looking outlook, the Board of Directors plans to propose a dividend of NOK 3.60 per share for the 2025 fiscal year to be disbursed in 2026, pending approval during the upcoming Annual General Meeting, highlighting a commitment to shareholder value by distributing roughly 60 percent of net income, excluding special items, in accordance with the company’s dividend policy.
Frequently Asked Questions
What were Aker Solutions ASA's key financial results for 2025?
Aker Solutions reported NOK 63.2 billion in revenue and NOK 5.3 billion in EBITDA for the full year of 2025, with an EBITDA margin of 8.4 percent.
What is the dividend proposed for 2025?
The company plans to propose a dividend payout of NOK 3.60 per share for the fiscal year 2025.
How did Aker Solutions perform in the fourth quarter of 2025?
In Q4 2025, Aker Solutions achieved NOK 16.7 billion in revenue and an EBITDA of NOK 1.3 billion, indicating a solid performance.
What is the outlook for Aker Solutions in 2026?
The company expects revenues to range between NOK 45 and 50 billion and aims for EBITDA margins of 7.0 to 7.5 percent, excluding net income from SLB OneSubsea.
How is SLB OneSubsea contributing to Aker Solutions' strategy?
SLB OneSubsea, with Aker Solutions’ 20 percent ownership, is vital for value creation, forecasting revenues exceeding USD 9 billion from new orders in the upcoming two years.
