Earnings release
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ABL Group ASA: Q3 2025 financial results 30 OCT 2025 06:00 CET ISSUER ABL GROUP ASA 30 October 2025 – ABL Groupʼs 2025 third quarter results HIGHLIGHTS Q3 2025 • Revenues of USD 87.8 million (Q3 24: USD 86.2 million) • Operating profit of USD 3.0 million (Q3 24: USD 2.5 million) • Adjusted EBIT of USD 3.7 million (Q3 24: USD 3.0 million) • Net debt of USD 2.6 million (Q2 25: USD 1.0 million net cash) • Semi-annual dividend of NOK 0.45 per share declared, to be paid in November Hege Norheim, CEO of ABL Group ASA (“ABL Group” or the “Company”) commented: “I am very pleased to be stepping into an executive role as CEO and look forward to leading the business through the next stage of its evolution. In the third quarter of 2025, revenue grew 2% year-on-year to USD 87.8 million, with solid contributions from the acquisitions of Proper Marine and Techconsult, offset by lower vessel and resourcing revenues in AGR. OWC maintained a stable volume of activity, while Longitude saw some project delays impacting activity. Our adjusted EBIT increased 23% year-on-year to USD 3.7 million, with an adjusted EBIT margin of 4.2%, up from 3.4% in Q3 2024. This was driven by strong performance in the ABL segment, which delivered its best quarter since Q3 2023, with an EBIT margin above 20%, supported by increased rig move activity in the Middle East. Looking ahead, we expect offshore O&G and maritime markets to remain relatively stable, while renewables activity remains a focus as we gradually diversify the services and grow the onshore business. I believe in the long-term prospects of ABL Group as I look to increase near term profitability, invest in services that address our client needs and continue the journey of consolidating professional services in energy and oceans.” A presentation of the quarterly results will be held today at 08:30 CET at SpareBank 1 Marketsʼ office at Olav Vs gate 5, 0161 Oslo. The event will be webcast live and available for replay shortly after. To watch the webcast, please visit ABL Group's website, www.abl-group.com. The quarterly report and a corresponding slide presentation is available on www.newsweb.no and on ABL Group's web site, www.abl-group.com.
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ENDS For further information, please contact: Investors and financial media: Stuart Jackson, Chief Financial Officer, ABL Group ASA Email: stuart.jackson@abl-group.com Other media enquiries: Endre Johansen, Corporate Communications AS Telephone: +47 41 61 06 05 Email: endre.johansen@corpcom.no About ABL Group ABL Group (OSE: ABL Group ASA – ticker code “ABL”) is a leading independent global consultancy delivering energy, marine, engineering and digital solutions to drive safety and sustainability in renewables, maritime and oil and gas sectors. The group has offices in 44 countries worldwide and operates under four main brands: ABL, OWC, Longitude and AGR.