Aker Carbon Capture Releases Second Quarter and Half-Year Results for 2025

Overview of Aker Carbon Capture's 2025 Financial Performance

On July 15, 2025, Aker Carbon Capture ASA (ACC ASA) announced its second-quarter and half-year financial results. A significant highlight from this announcement is the strategic divestment of ACC ASA's 20% ownership stake in SLB Capturi AS. Completed on May 14, 2025, this move aims to strengthen the company's focus and streamline its operations.

Following the divestment, the Board proposed a dividend payment of around NOK 1.7 billion, which was consequently approved by shareholders at an extraordinary general meeting held on June 6, 2025. The distribution of this cash dividend was executed on June 20, 2025, amounting to NOK 2.86 per share, therefore indicating a solid return on investment for the shareholders involved.

Key Changes in Corporate Strategy

In a noteworthy shift, the ACC ASA Board has proposed the liquidation of the company, with any remaining cash expected to be distributed as liquidation dividends to shareholders. This proposal also includes an initiative to delist the company’s shares from the Euronext Oslo Børs. An extraordinary general meeting will be convened on August 5, 2025, to further discuss this critical decision. This move highlights a significant pivot in the company’s strategies moving forward, aligning with its current operational goals and shareholder interests.

Financial Highlights

By the end of the second quarter of 2025, ACC ASA reported having NOK 102 million in cash. After adjusting for NOK 90 million in dividend withholding tax, the company maintained an equity position of NOK 92 million. These figures depict a company actively managing its financial resources amidst changes and strategic adjustments.

A Background on Aker Carbon Capture

Aker Carbon Capture ASA was established in 2020 and has been at the forefront of carbon capture technology, building on over two decades of experience. Aker's commitment to sustainability and innovation in carbon management solutions remains a central theme within their operational model.

In June 2024, the joint venture SLB Capturi was formed, where SLB holds a dominant 80% share. This joint venture was part of ACC ASA's broader strategic initiatives in the carbon capture business, further emphasizing their commitment to addressing climate change through innovative solutions.

Given the recent announcements, it will be interesting to observe how this strategic shift affects Aker Carbon Capture’s positioning in the market and its capacity to navigate the evolving landscape of carbon management.

Closing Remarks

Aker Carbon Capture ASA’s current trajectory suggests a combination of strategic liquidation and a bid to refine its direction in an increasingly competitive sector. Observers will be keen to witness how these proposed actions unfold in the coming months, especially considering the growing urgency for sustainable practices in various industries. A meeting will be called shortly to delve deeper into these proposed strategies, ensuring shareholders remain informed and engaged in shaping the future of Aker Carbon Capture ASA.