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Solstad Maritime ASA: Presentation of Third Quarter 2026 results

SOMARegulatory press release2026-11-04 07:00
Download the release

Skudeneshavn, 04 November 2026

Solstad Maritime ASA (SOMA) is pleased to present its financial results for the third quarter 2026.

CEO Lars Peder Solstad states:

"The quarter delivered record-high Adjusted EBITDA, supported by improved utilization and day rates across the fleet. With a solid financial position and healthy order intake we are well positioned for 2027."

  • Adjusted EBITDA of USD 117 million in the quarter compared to USD 69 million same quarter last year. Full-year Adjusted EBITDA guidance narrowed to USD 375 -390 million
  • Total order intake of USD 235 million in the quarter resulting in a book-to-bill ratio of 1.2x
  • The AHTS North Sea spot/project fleet drove improvements in earnings, with the CSV fleet also improving quarter-over-quarter
  • Distributes cash dividend for Q3 2026 of USD 0.12/share, totaling USD ~56 million


Contacts

Lars Peder Solstad CEO, at +47 91 31 85 85

Kjetil Ramstad CFO, at +47 907 59 489

Solstad Maritime ASA

www.solstad-maritime.com


This information is subject of the disclosure requirements pursuant to section 5 -12 of the Norwegian Securities Trading Act.