Solstad Maritime ASA: Presentation of Second Quarter and Half Year 2026 results
Skudeneshavn, 15 July 2026
Solstad Maritime ASA (SOMA) is pleased to present its financial results for the second quarter and half year 2026.
CEO Lars Peder Solstad states:
"The quarter delivered solid operational and financial performance, driven by high activity across the fleet and improved utilization in the AHTS segment. Market conditions remain healthy, supporting a positive outlook for the remainder of 2026."
- Adjusted EBITDA of USD 88 million in the quarter compared to USD 78 million same quarter last year and USD 191 million in 1H compared to USD 159 million last year
- Full-year Adjusted EBITDA guidance increased and narrowed to USD 360–390 million
- Total order intake of USD 137 million in the quarter resulting in a book-to-bill ratio of 0.8x, and a ratio of 1.2x the last twelve months
- Strong balance sheet and increased financial flexibility: USD 100 million incremental financing drawn in the quarter, equity ratio of 55% and leverage ratio of 1.5x
- Distributes cash dividend for Q2 2026 of USD 0.1/share, totaling USD ~47 million
Contacts
Lars Peder Solstad CEO, at +47 91 31 85 85
Kjetil Ramstad CFO, at +47 907 59 489
Solstad Maritime ASA
This information is subject of the disclosure requirements pursuant to section 5 -12 of the Norwegian Securities Trading Act.