Norway's Eidesvik Offshore Q2 EBITDA margin at 35%

Eidesvik Offshore ASA

21/08/2026 06:08

Overview
Norway offshore vessel operator's Q2 revenue reached NOK 204.5 mln, EBITDA margin was 35%
Operating profit for Q2 was NOK 26.1 mln, net profit after taxes was NOK 21.4 mln
Fleet utilisation for the quarter was 95%

Outlook
Company did not provide specific guidance or outlook for future quarters or the full year

Result Drivers
HIGH FLEET UTILISATION - Co reported fleet utilisation of 95% for Q2

Company press release: ID:nObi4h0j2a

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 EBITDA Margin
 
35.00%
 
Q2 Operating Profit
 
NOK 26.10 mln
 

Analyst Coverage
The one available analyst rating on the shares is "buy"
The average consensus recommendation for the marine freight & logistics peer group is "buy"

Reuters Recommended Reads
Aug 18 - Norway's Reach Subsea Q2 revenue jumps on higher project activity
Aug 18 - Norway's Odfjell Drilling Q2 profit aided by insurance proceeds
Aug 19 - Norway's Dolphin Drilling Q2 revenue falls on lower mobilisation income

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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.)