Solstad Offshore ASA: Presentation of Third Quarter 2026 results
2026-11-04 07:00:24
Skudeneshavn, 04 November 2026
Solstad Offshore ASA (SOFF) is pleased to present its financial results for the
third quarter 2026.
CEO Lars Peder Solstad states:
"We delivered solid performance in the third quarter, with high fleet
utilization and a strengthened financial position. With continued positive
demand for offshore energy services, we are well positioned going forward."
- Total Adjusted EBITDA of USD 41 million in the quarter compared to USD 29
million same quarter last year
- Declared the USD 125 million purchase option for Normand Maximus in October
2026 with delivery in October 2027
- Delivered Normand Tonjer to its new owners in September 2026. The sale
resulted in an accounting gain of USD 24 million
- Distributes cash dividend for Q3 2026 of USD 0.30/share, totaling USD ~25
million
Contacts
Lars Peder Solstad CEO, at +47 91 31 85 85
Kjetil Ramstad CFO, at +47 907 59 489
Solstad Offshore ASA
www.solstad.com
This information is subject of the disclosure requirements pursuant to section 5
-12 of the Norwegian Securities Trading Act.
of the Norwegian Securities Trading Act.\