Akastor ASA ( (AKKVF) ) has released its Q3 earnings. Here is a breakdown of the information Akastor ASA presented to its investors.
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Akastor ASA is a Norway-based oil-services investment company that manages a diverse portfolio of industrial holdings and investments, focusing on active ownership and long-term value creation.
In its third-quarter earnings report for 2025, Akastor ASA announced a cash dividend of NOK 0.40 per share, following the full realization of its holding in Odfjell Drilling. The company highlighted improvements in HMH revenues and margins, as well as strategic developments in its AKOFS Offshore segment.
Key financial metrics for the quarter included an adjusted EBITDA of USD 42 million for HMH, with a 19% margin, and a decrease in net capital employed to NOK 4.4 billion. AKOFS Offshore reported revenues of USD 28 million and secured a significant four-year contract with Petrobras. DDW Offshore also showed revenue growth, with NOK 128 million reported for the quarter.
Looking ahead, Akastor remains committed to its strategy of returning excess capital to shareholders while maintaining disciplined capital allocation. The company continues to focus on enhancing the financial performance of its major investments, such as HMH and AKOFS Offshore, to drive long-term value creation.