Havila Kystruten AS Reveals Positive Q3 EBITDA Projections

Havila Kystruten AS Forecasts Impressive Q3 EBITDA
Havila Kystruten AS is set to report an impressive EBITDA of approximately NOK 225 million for the third quarter of 2025. This projection is noteworthy as it reflects a strategic compensation adjustment of NOK 76 million related to revenues from their coastal route contract with the Ministry of Transport. This adjustment comes after a thorough review of the calculation basis for the contract, and payment is expected to be processed in the following quarter.
Annual Adjustments and Reviews
The coastal route contract undergoes annual adjustments based on an index provided by Statistics Norway (SSB). Since 2022, these adjustments have been tailored specifically for LNG operations. A comprehensive analysis was performed in conjunction with the Ministry of Transport and Statistics Norway, revisiting historical compensation adjustments. The preliminary outcomes from this scrutiny contribute to the Q3 EBITDA estimate.
Upcoming Methodological Clarifications
Moreover, two methodological clarifications are currently being addressed with SSB, which could positively influence the ongoing review process. These outcomes are anticipated shortly, with potential financial settlements projected for 2026. The review has been executed in close collaboration with public authorities over a significant duration, ensuring that the basis for future compensation is accurate.
Impact of Compensation Adjustments
The implications of the review suggest an estimated impact of NOK 50 million preceding 2025 and NOK 26 million specifically for 2025. Alongside these adjustments, there will also be a proportional rise in future compensation. However, these figures remain provisional pending final approval tied to the balancing of the state budget.
Strengthening Operational Results
This compensation adjustment significantly enhances Havila Kystruten's operational performance. It aligns with the previously stated EBITDA objectives, which target around NOK 400 million for 2025 and aim for over NOK 600 million by 2026. These predictions reflect Havila Kystruten's commitment not only to its current operations but also to sustained growth and financial health.
Contact Information
If you have any inquiries about Havila Kystruten, you can reach out to:
Chief Executive Officer: Bent Martini, +47 905 99 650
Chief Financial Officer: Aleksander Røynesdal, +47 413 18 114
Frequently Asked Questions
What is the EBITDA estimate for Havila Kystruten AS for Q3 2025?
The EBITDA estimate for Havila Kystruten AS for Q3 2025 is approximately NOK 225 million.
What is included in the compensation adjustment?
The compensation adjustment includes a NOK 76 million adjustment related to revenue calculations for the coastal route contract.
How often is the coastal route contract adjusted?
The coastal route contract is adjusted annually based on an index from Statistics Norway.
What future compensation figures are anticipated?
The compensation adjustments are expected to yield NOK 50 million for prior periods and NOK 26 million specifically for 2025.
How does this impact future EBITDA targets?
The compensation adjustment supports EBITDA targets of around NOK 400 million for 2025 and over NOK 600 million for 2026.
About The Author
Contact Caleb Price privately here. Or send an email with ATTN: Caleb Price as the subject to contact@investorshangout.com.
About Investors Hangout
Investors Hangout is a leading online stock forum for financial discussion and learning, offering a wide range of free tools and resources. It draws in traders of all levels, who exchange market knowledge, investigate trading tactics, and keep an eye on industry developments in real time. Featuring financial articles, stock message boards, quotes, charts, company profiles, and live news updates. Through cooperative learning and a wealth of informational resources, it helps users from novices creating their first portfolios to experts honing their techniques. Join Investors Hangout today: https://investorshangout.com/
The content of this article is based on factual, publicly available information and does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice, and the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. This article should not be considered advice to purchase, sell, or hold any securities or other investments. If any of the material provided here is inaccurate, please contact us for corrections.