Aker Solutions ASA Reports Strong Performance for 2025 Fiscal Year
Aker Solutions delivered impressive financial results, highlighting a period filled with record-high activity across various sectors. The company recorded a net cash position of NOK 3.7 billion, driven by robust cash generation and dividends derived from its significant ownership in SLB OneSubsea. Aker Solutions has declared a dividend of NOK 3.60 per share for the year.
2025 Financial Highlights
For the year 2025, Aker Solutions achieved remarkable financial outcomes:
- Revenue topped NOK 63.2 billion
- EBITDA reached NOK 5.3 billion
- EBITDA margin stood at 8.4 percent
- Earnings per share were recorded at NOK 6.10
- Order intake was NOK 66.4 billion, achieving a book-to-bill ratio of 1.1x
- The Board proposed a dividend payout of NOK 3.60 per share
Fourth Quarter Financial Overview
During the fourth quarter of 2025, the company reported:
- Revenue escalated to NOK 16.7 billion
- EBITDA amounted to NOK 1.3 billion
- EBITDA margin reached 7.9 percent
- Earnings per share rose to NOK 1.50
- Order intake was NOK 19.6 billion, with a robust 1.2x book-to-bill ratio
- The order backlog at year-end was NOK 64.8 billion
Management Commentary
Kjetel Digre, CEO of Aker Solutions, commented, "Our achievements for both the quarter and the full year signify that we have met the ambitious goals established in 2020. This success reflects robust project execution and a culture of continuous innovation within our organization." He also added that he is optimistic about the company's ongoing efforts to position itself strategically for markets beyond its current project timeline.
Revenue Growth and Backlog
In the fourth quarter, Aker Solutions experienced a revenue increase from NOK 15.7 billion to NOK 16.7 billion, a notable 6 percent growth compared to the same period last year. For the entirety of 2025, the company's revenues grew to NOK 63.2 billion, representing a year-on-year growth of 19 percent. The underlying EBITDA margin was recorded at 7.3 percent, reflecting steady guidance.
The strong order intake during the quarter of NOK 19.6 billion contributed to a total order intake of NOK 66.4 billion for the year, further solidifying the company’s extensive backlog, which now stands at NOK 64.8 billion. Aker Solutions' net cash position by year-end was robust at NOK 3.7 billion.
Strategic Outlook for 2026
Looking ahead, Aker Solutions forecasts revenues in 2026 to range between NOK 45 billion and NOK 50 billion. The management is actively taking steps to adjust their operational capacity and manage costs according to the expected activity levels. The anticipated EBITDA margins, excluding income from SLB OneSubsea, are projected to fall between 7.0 percent and 7.5 percent.
The company remains committed to expanding its order backlog through successful tenders and engaging in early-phase studies. Notably, Aker Solutions' Life Cycle segment has secured several significant long-term agreements for maintenance and modification services, positioning them favorably for consistent activity over the next 5-10 years.
Innovative Approaches to Energy Challenges
Aker Solutions is actively broadening its customer network through various engineering and consultancy studies. With a large cadre of 5,000 engineers, the company leverages innovative digital solutions and artificial intelligence to tackle global energy challenges, laying groundwork for sustainable solutions for future generations.
One Subsea, in which Aker Solutions holds a crucial 20 percent stake, significantly enhances value creation for the company. In 2025, One Subsea reported revenues of USD 3.8 billion, translating to an EBITDA margin of 19.4 percent. The subsea firm aims to secure over USD 9 billion in new orders over the next two years, thus positioning itself for substantial growth commencing in 2027.
Capital Allocation Strategy
In line with Aker Solutions' robust financial standing and promising outlook, the Board of Directors will recommend a dividend of NOK 3.60 per share for the fiscal year 2025, pending shareholder approval at the upcoming Annual General Meeting. This dividend represents approximately 60 percent of net income, adhering closely to the company’s established dividend policy.
Company Contacts
Preben Ørbeck
Investor relations
+47 470 10 611
Hallvard Norum
Media contact
+47 913 80 820
Frequently Asked Questions
What are Aker Solutions' financial highlights for 2025?
Aker Solutions achieved NOK 63.2 billion in revenue, NOK 5.3 billion in EBITDA, and proposed a dividend of NOK 3.60 per share for 2025.
How did the fourth quarter perform compared to last year?
The fourth quarter revenue rose to NOK 16.7 billion, a 6% increase year-over-year, with an EBITDA of NOK 1.3 billion.
What is the company's outlook for 2026?
The company expects revenues between NOK 45 billion and NOK 50 billion, with EBITDA margins projected between 7.0% and 7.5%.
How does One Subsea contribute to Aker Solutions?
One Subsea significantly contributes to value creation with USD 3.8 billion in revenues and aims for growth exceeding USD 9 billion in new orders over the next two years.
What is the dividend policy of Aker Solutions?
The Board proposed a dividend of NOK 3.60 per share, representing around 60% of net income, in line with the company's dividend policy.
