Norway's Arendals Q4 revenue declines on weaker market conditions

Arendals Fossekompani ASA

13/02/2026 07:07

Overview

Norway industrial investment firm's Q4 revenue declined due to weaker market conditions

Q4 operating profit negative, impacted by impairments related to Charge business divestment

Volue's recurring revenue grew 22% YoY, driven by upsell and geographic expansion

Outlook

Company expects Volue to become #1 technology provider for energy systems by 2030

Arendals Fossekompani sees stable foundation for Volue's growth with TA Associates

Company aims to focus, de-risk and optimize portfolio for long-term value creation

Result Drivers

ENRX REVENUE DECLINE - Lower revenue in ENRX due to weaker market conditions and divestment of Charge business

VOLUE GROWTH - Volue reported 22% YoY growth in recurring revenue driven by upsell and geographic expansion

TEKNA PERFORMANCE - Tekna achieved its second consecutive positive EBITDA quarter driven by high demand from Aerospace & Defence

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Revenues
NOK 995 mln
Q4 Adjusted Net Income
-NOK 267 mln
Q4 EBIT
-NOK 107 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

The average consensus recommendation for the electric utilities peer group is "buy"

Wall Street's median 12-month price target for Arendals Fossekompani ASA is NOK182.50, about 14.1% above its February 12 closing price of NOK160.00

Press Release: ID:nObithMW1a

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)