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Solstad Maritime ASA: Presentation of Third Quarter 2026 results

SOMARegulatory press release04.11.2026, 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.