Aker BP affirms dividend growth as Q1 profit in line

Aker ASA

07/05/2025 05:16

OSLO, May 7 (Reuters) - Aker BP AKRBP.OL, Norway's second-largest listed oil company, said on Wednesday it was on track to raise its quarterly dividend payments this year by 5% compared with 2024, while reporting first-quarter profits in line with expectations.

Its earnings before interest, taxes, depreciation and amortisation (EBITDA) rose to $2.80 billion in January-March from $2.79 billion a year earlier, in line with the $2.78 billion expected in a poll of 18 analysts compiled by Aker BP.

 (Reporting by Nerijus Adomaitis, editing by Terje Solsvik)

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