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    VSSAB B — Viking Supply Ships AB News Story

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    Sweden's Viking Supply Ships Q1 net sales rise 71% on higher rates

    Picture of Viking Supply Ships AB logoViking Supply Ships AB
    30/04/2026 07:38
    Overview

Sweden offshore services firm's Q1 net sales rose 71% yr/yr

EBITDA nearly doubled in Q1 compared to last year

Company acquired Ice Class AHTS vessel, to enter North Sea spot market mid-May

Outlook

Company expects Tor Viking to be available in North Sea spot market from mid-May

Company says North Sea anchor handling tug supply (AHTS) market remains strong due to high rates and tight vessel supply

Company notes utilization remained low during the quarter

Result Drivers

HIGHER FIXTURE RATES - Co said North Sea AHTS market was strong in Q1, with average fixture rates up 180% yr/yr due to tighter vessel supply

LOW UTILIZATION - Co said vessel utilization remained low during the quarter

Company press release: ID:nMFN9jmdDw

Key Details


    MetricBeat/MissActualConsensus Estimate
    Q1 RevenueSEK 251 mln
    Q1 Net IncomeSEK 29 mln
    Q1 EBITDASEK 75 mln
    

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(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.)

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