Odfjell Technology Ltd

Odfjell Technology reports a record EBITDA of NOK 243m in the second quarter on revenues of NOK 1.4bn and an EBITDA margin of 17.4% (+260 basis points vs Q1). Free cash flow returned to positive at NOK 46m, available liquidity is NOK 1.0bn and the firm order backlog rose to NOK 7.2bn (total including options roughly NOK 11.4–11.5bn). Management signals a resumption of dividend payments after Q3 if positive developments continue and sees further growth potential particularly in the US Gulf of Mexico and Saudi Arabia. » More on de.investing.com

Odfjell Technology recorded revenue of NOK 1.4 billion and EBITDA of NOK 202 million (adjusted NOK 204 million) in Q3 2025. Despite a cumulative 5% lower EBITDA year‑on‑year, the company is expanding its presence in North America, notably in the Gulf of Mexico, and is focusing on well services and plug‑and‑abandonment. Restructuring costs to date amounted to NOK 18 million; management expects further operational improvements but plans lower capital expenditures for 2026 (NOK 200–250 million). » More on de.investing.com

Odfjell reported stable financial results for the third quarter of 2025: net profit rose to 42.8 million USD (EPS 0.54 USD), beating analyst expectations, while time-charter revenues of 173.3 million USD were roughly in line with the prior quarter. TCE per day fell 7% to 28,174 USD, but the company improved its cash break-even level and generated strong operating and free cash flow; the stock rose about 3% after the results. Odfjell continues fleet renewal, pays a dividend and reports progress on sustainability targets, expects a stable development in Q4 but remains cautious due to potential supply pressure in the market. » More on de.investing.com