Norway's Vaar Energi Q1 operating profit lags forecast

Var Energi ASA

22/04/2026 06:07

OSLO, April 22 (Reuters) - Norwegian oil company Vaar Energi VAR.OL on Wednesday reported a lower-than-expected operating profit for the first quarter, while maintaining its dividend and capital spending guidance.

Oslo-listed Vaar's earnings before interest and tax (EBIT) for January–March rose to $1.31 billion from $972 million a year earlier, lagging the average $1.41 billion forecast in a company-compiled poll of 15 analysts.

 (Reporting by Nerijus Adomaitis, editing by Terje Solsvik)

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