Strong Revenue Growth
The second quarter revenue was NOK 15.2 billion, representing a growth of about 20% compared to the same period last year, with an EBITDA margin of 8.3%.
Lifecycle Segment Performance
The lifecycle segment delivered 30% growth with improved margins, driven by strong execution and continuous focus on improvements.
Achievements in Carbon Capture and Storage
Celebrated the official opening and first successful capture of CO2 at Heidelberg cement plant in Brevik, marking a significant milestone in the CCS market.
Innovation in Offshore Operations
Achievement in utilizing remotely controlled drones for offshore operations on Aker BP's Edvard Grieg platform, setting a new standard for the use of robotics and AI in offshore inspection.
Robust Financial Position
Maintained a net cash position of NOK 2.1 billion with operational cash flow of around NOK 400 million, demonstrating financial robustness.
Substantial Order Backlog
The tender pipeline remains stable at more than NOK 80 billion, allowing selective opportunity pursuit across segments.