ABL Group has announced its 2025 fourth quarter results.
HIGHLIGHTS Q4 2025
- Revenues of USD 88.7 million (Q4 24: USD 85.9 million)
- Operating loss of USD 4.2 million (Q4 24: USD 2.4 million operating profit)
- Adjusted EBIT of USD 3.2 million (Q4 24: USD 3.1 million)
- Net debt of USD 5.4 million (Q3 25: USD 2.6 million)
- Proposing semi-annual dividend of NOK 0.45 per share in H1 2026
HIGHLIGHTS FULL YEAR 2025
- Revenue of USD 354.4 million (2024: USD 309.6 million)
- Operating profit of USD 3.1 million (2024: USD 10.4 million)
- Adjusted EBIT of USD 13.5 million (2024: USD 12.5 million)
- Total dividend of NOK 0.9 per share paid during 2025
- Completed acquisition of Proper Marine and Techconsult
Hege Norheim, CEO of ABL Group commented: 'Since joining as CEO, we have taken firm steps to address the challenges of recent quarters. We have implemented cost reductions, aligned our organisation more closely with market conditions, and sharpened our commercial focus across all segments. These measures together with investments to materially improve revenues and efficiency in our systems and processes form the foundation for delivering stronger returns, and we remain committed to achieving our 20% ROCE target in 2027.
We remain constructive on the broader market outlook. Offshore oil & gas activity is expected to remain stable in the short term, though with volatility from regional demand and commodity price fluctuations. In renewables, bidding and awards are strengthening after the cost inflation peak, although hourly rates continue to face pressure. Our maritime business maintains a strong market position. The Board is proposing a semi-annual dividend of NOK 0.45 per share to be paid in the first half of 2026.'
Source: ABL Group
