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Aker ASA Reports Impressive Third Quarter Results for 2025

Aker ASA has released its financial results for the third quarter of 2025, showcasing a remarkable growth in its Net Asset Value (NAV). The ending NAV stood at NOK 67.5 billion, equivalent to NOK 909 per share. This reflects an increase from NOK 66.5 billion at the close of the previous quarter, demonstrating Aker's robust financial performance.

The financial highlights for Q3 are significant:

• - Net Asset Value (NAV): NOK 67.5 billion
• - NAV per share: NOK 909
• - Approved dividend: NOK 26.50 per share, totaling NOK 2.0 billion, to be paid in Q4 2025.
• - Total dividends for 2025 amounting to NOK 53.00 per share, or NOK 3.9 billion.

Aker’s management, led by President and CEO Øyvind Eriksen, highlighted the strategic shifts that have defined this quarter. `"Aker is continuing its evolution – and the market is taking note. We've reshaped our portfolio, sharpened our strategy, and delivered four consecutive quarters of NAV growth,"` Eriksen stated, emphasizing the company's commitment to building shareholder value.

Throughout Q3, Aker’s share price surged by 19.5%, a substantial outperformance compared to the Oslo Stock Exchange benchmark index, which increased by only 1.4%. The share price reached NOK 783 by the end of the quarter. This performance underlines Aker’s strategic initiatives, primarily focused on diversifying its portfolio and investing in new growth areas.

Key Developments in Q3 2025

During this quarter, last year's strategic focus on a streamlined portfolio began to bear fruit:

• - Aker announced a joint venture named Aker Nscale, securing alliances with industry giants OpenAI and Microsoft.
• - The company reported continued success in its operations at Aker BP, with an uptick in production guidance stemming from positive exploration results.
• - Cognite, a tech firm under Aker’s umbrella, delivered an exceptionally strong performance, reflecting the momentum across Aker’s investments.
• - The Aker Horizons transaction reached completion while Philly Shipyard was successfully delisted from public trading.

After the close of the quarter, Aker strengthened its position further by acquiring 9.3% ownership in Nscale through participation in a substantial Series B funding round. Aker is also expanding its real estate holdings, announcing a 7.48% stake in Sveafastigheter.

Financial Overview

The financial specifics for the third quarter are essential for stakeholders:

• - Gross Asset Value (GAV): NOK 76.8 billion
• - Listed equity investments: NOK 55.2 billion
• - Unlisted equity investments: NOK 13.3 billion
• - Cash and other assets: NOK 8.3 billion
• - Total liquidity resources: NOK 7.8 billion, out of which NOK 1.3 billion is in cash/ liquid funds, bolstered by available credit facilities.

The company’s financial health underscores its operational stability and reflects its strategic direction in emerging sectors such as industrial software, AI infrastructure, and real estate solutions.

For those interested in a deeper dive into Aker’s financial results and strategic outlook for the future, a webcast presentation will be available today at 0900 CEST at Aker ASA's official site. All relevant materials, including detailed financial presentations, are accessible there.

Aker ASA's strong financial results for Q3 2025 reaffirm its commitment to enhancing shareholder returns and building long-term value through disciplined investment strategies and a clear vision for future growth.