Aker Solutions Reports Strong Financial Results for Full Year 2025
Aker Solutions, a leading provider in the energy sector, recently announced its financial results for the fourth quarter and the entire year of 2025. The company has displayed remarkable performance, operating in an environment of heightened activity across the industry. For the year ending December 31, 2025, Aker Solutions reported a substantial revenue of NOK 63.2 billion, a significant increase of 19% compared to the previous year.
Financial Highlights
In a detailed overview, Aker Solutions' earnings before interest, taxes, depreciation, and amortization (EBITDA) for the year reached NOK 5.3 billion, translating to an EBITDA margin of 8.4%. This robust performance was further evidenced by earnings per share, which stood at NOK 6.10.
For the fourth quarter alone, revenue climbed to NOK 16.7 billion, marking a 6% rise from NOK 15.7 billion during the same period last year. The quarterly EBITDA was NOK 1.3 billion with a margin of 7.9%. Aker Solutions also recorded an impressive order intake of NOK 19.6 billion for the fourth quarter, resulting in a healthy book-to-bill ratio of 1.2x.
Strong Cash Position
The company underscored its strong financial health with a net cash position of NOK 3.7 billion. This was bolstered by strong cash generation as well as dividends accrued from its 20% stake in SLB OneSubsea, which provided Aker Solutions with a total dividend of NOK 841 million throughout 2025.
"Our results for the quarter and the full year demonstrate that we have successfully delivered on the ambitious targets set back in 2020. This reflects not only our solid project execution but also our commitment to continuous innovation throughout the organization," said Kjetel Digre, CEO of Aker Solutions. He noted that the company is positioning itself strategically for markets beyond its current projects, emphasizing long-term value creation by broadening its offerings.
Future Outlook
Looking ahead, Aker Solutions is optimistic, forecasting revenues for 2026 to lie between NOK 45 and 50 billion. The company is actively adjusting its capacity and cost structures to align with anticipated activity levels, aiming for EBITDA margins of 7.0 to 7.5% in the upcoming year.
Additionally, Aker Solutions enjoys a robust backlog of orders, reinforced by several significant long-term frame agreements for maintenance and modification services. These agreements provide good visibility on the company’s activity levels for the next five to ten years. There is high demand within tenders and early-phase studies, showcasing the company's preparedness to tackle future challenges in the energy sector.
Contribution from SLB OneSubsea
The subsidiary, SLB OneSubsea, plays a vital role in Aker Solutions' financial performance and overall growth. Delivering revenues of USD 3.8 billion with an EBITDA margin of 19.4% in 2025, SLB OneSubsea aims to secure new orders exceeding USD 9 billion over the next two years, positioning itself for a growth spurt from 2027 onwards.
Dividend Proposal
Based on its strong financial status and outlook, Aker Solutions' Board of Directors has proposed a dividend of NOK 3.60 per share for the fiscal year 2025, scheduled to be distributed in 2026. This payout, representing approximately 60% of net income excluding special items, aligns with the company's established dividend policy and will be subject to approval at the Annual General Meeting, set for April 16, 2026.
Conclusion
Amidst the challenges faced within the global energy market, Aker Solutions continues to solidify its standing as a leader in innovation and project execution. With a strong cash position, increasing revenues, and strategic plans for future growth, Aker Solutions is poised to navigate the market landscape effectively and continue delivering value to its shareholders.
For more information about Aker Solutions and its latest developments, you can follow their investor relations page or contact them directly.