tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Solstad Offshore Reports Q1 2025 Financials and Strategic Moves

Story Highlights
Solstad Offshore Reports Q1 2025 Financials and Strategic Moves

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Solstad Offshore ASA ( (SLOFF) ) has shared an update.

Solstad Offshore ASA reported a decrease in adjusted EBITDA and net results for the first quarter of 2025 compared to the previous year. Despite this, the company showed a significant increase in book equity and plans to initiate quarterly dividends in Q3 2025. The completion of the investment in Omega Subsea is expected to bolster its subsea services segment, and Solstad Maritime’s upcoming listing on Euronext Oslo Børs could further enhance its market presence.

More about Solstad Offshore ASA

Solstad Offshore ASA operates in the maritime industry, focusing on providing offshore service vessels to the oil and gas sector. The company is involved in subsea services and has investments in associated companies and joint ventures to strengthen its market position.

Average Trading Volume: 147,239

Current Market Cap: NOK3.12B

For detailed information about SLOFF stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1