20 August 2026 – Aqualis’s 2026 second quarter results
HIGHLIGHTS Q2 2026
• Revenues of USD 90.8 million (Q2 25: USD 96.1 million) • Operating profit of USD 4.5 million (Q2 25: USD 2.5 million) • Adjusted EBIT of USD 5.3 million (Q2 25: USD 3.5 million) • Net Debt of USD 20.4 million (Q1 26: USD 12.0 million) • Semi-annual dividend of NOK 0.45 per share paid in June • Parent company renamed to Aqualis ASA (ticker AQUA) • Successful acquisition of SynergenOG in July 2026
Hege Norheim, CEO of Aqualis ASA (formerly ABL Group ASA) (the “Company”, and together with its subsidiaries, the “Group” or “Aqualis”) commented:
"Q2 2026 was a strong quarter for Aqualis, delivering revenues of USD 90.8 million and adjusted EBIT of USD 5.3 million, up from USD 3.5 million in Q2 2025. The improvement reflects stronger performance across all segments and continued progress from our focus on operational efficiency and profitable growth.
During the quarter, we completed the renaming of our parent company to Aqualis ASA and paid a semi-annual dividend of NOK 0.45 per share. After the end of the quarter, we completed the acquisition of SynergenOG, strengthening our technical capabilities and expanding our presence in Southeast Asia.
We remain positive on the outlook across our core markets. Offshore oil and gas activity is expected to remain resilient despite market volatility, while our maritime business continues to benefit from favorable market conditions and sustained demand. In renewables, although geopolitical uncertainties continue to affect the market, bidding activity is improving, supporting a positive outlook for growth. With Aqualis's strong market position, improving profitability and continued focus on operational excellence, we remain firmly on track to achieve our target of a 20% return on capital employed (ROCE) in 2027.”
A presentation of the quarterly results will be held today at 08:30 CET at Pareto Securities’ office at Dronning Mauds gate 3, 0115 Oslo. The event will be webcast live and available for replay shortly after. To watch the webcast, please visit Aqualis’s website, www.aqualis-group.com.
The quarterly earnings release and a corresponding slide presentation is available on www.newsweb.no and on Aqualis’s web site, www.aqualis-group.com
ENDS
For further information, please contact:
Investors and financial media: Stuart Jackson, Chief Financial Officer, Aqualis ASA Email: stuart.jackson@aqualis-group.com
Other media enquiries: Endre Johansen, Corporate Communications AS Telephone: +47 41 61 06 05 Email: endre.johansen@corpcom.no
About Aqualis Aqualis (OSE: Aqualis ASA – ticker code “AQUA”) is a leading independent global consultancy delivering energy, marine, engineering and digital solutions to drive safety and sustainability in renewables, maritime and oil and gas sectors. The group has offices in 44 countries worldwide and operates under four main brands: ABL, OWC, Longitude and AGR.
More information: Access the news on Oslo Bors NewsWeb site
680241_Q2 2026 report_final.pdf 680241_Q2 2026 presentation_final.pdf