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Solstad Offshore Q2 2026 slides: EBITDA rises 28%, backlog surges 82%

First publishedJul 15, 08:46 UTC
Last updatedJul 15, 13:25 UTC · 6m ago
22 outletsInvesting.com · Company News
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Solstad Offshore ASA (OSE:SOFF) presented its second-quarter 2026 results on July 15, showcasing a strengthening financial position marked by robust backlog growth, improved profitability, and an enhanced capital return profile. The Norwegian offshore vessel operator reported adjusted EBITDA of $41 million, up 28% year-over-year, while firm backlog for owned vessels surged 82% to $432 million, providing strong earnings visibility into 2028.

Reported by 2 outlets Investing.com · Company News. See all sources ↓

Solstad Offshore ASA (OSE:SOFF) presented its second-quarter 2026 results on July 15, showcasing a strengthening financial position marked by robust backlog growth, improved profitability, and an enhanced capital return profile. The Norwegian offshore vessel operator reported adjusted EBITDA of $41 million, up 28% year-over-year, while firm backlog for owned vessels surged 82% to $432 million, providing strong earnings visibility into 2028. The company raised its quarterly cash dividend by 50% to $0.15 per share, totaling approximately $12 million, reflecting management’s confidence in the business trajectory. The stock traded at $67.90, up 0.44% following the presentation, near the top of its 52-week range of $40.50 to $71.00.

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What's the story?
Solstad Offshore ASA (OSE:SOFF) presented its second-quarter 2026 results on July 15, showcasing a strengthening financial position marked by robust backlog growth, improved profitability, and an enhanced capital return profile. The Norwegian offshore vessel operator reported adjusted EBITDA of $41 million, up 28% year-over-year, while firm backlog for owned vessels surged 82% to $432 million, providing strong earnings visibility into 2028.
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2 outlets, average source rating 5.0/10.
When was it last updated?
6m ago.
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    Solstad Q2 2026 slides: backlog surges 82%, dividend raised 50%

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