Sweden's Viking Supply Ships Q4 net sales triple y/y as fixture rates surge

Viking Supply Ships AB

12/02/2026 07:39

Overview

Swedish offshore service provider's Q4 net sales rose significantly yr/yr

Q4 EBITDA for continuing operations improved significantly yr/yr

Company appointed Henriette Gjefle as CFO, effective February 2026

Outlook

Company did not provide specific guidance for future quarters or years

Result Drivers

NORTH SEA MARKET - Significant improvement in North Sea AHTS market with fixture rates up 200% yr/yr, despite limited rig activity

VESSEL DEPARTURES - Vessel departures to other regions kept North Sea spot fleet low, aiding rate increases

HIGH FIXTURE RATE - Highest recorded fixture rate in Q4 was above USD 350,000 for a Viking vessel

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Revenue
SEK 276 mln
Q4 EBITDA
SEK 92 mln


Press Release: ID:nMFN6Yb516

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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.)