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Aker Solutions Reports 43% Revenue Growth Despite Lower Profits

Aker Solutions forecasts strong revenue growth for 2025 despite a profit decline in Q4. The company reported a 43% increase in revenue compared to last year.

Date: 
AI Rating:   5

Earnings Per Share (EPS)
In the fourth quarter, Aker Solutions reported a basic EPS of NOK 1.37, a decrease from NOK 20.05 from the same period the previous year. However, adjusted EPS rose to NOK 1.70, up from NOK 0.96 in the prior-year quarter, showing some strength in adjusted income.

Revenue Growth
The company experienced a remarkable revenue growth of 43%, with total revenue climbing to NOK 15.7 billion from NOK 11.1 billion year-over-year. This robust growth indicates strong demand or improved business operations.

Net Income
Aker Solutions reported net income of NOK 661 million, showcasing a significant decrease from NOK 9.8 billion compared to the previous year's quarter. This drop suggests challenges that the company faced, likely due to increased operating expenses.

Operating Expenses
The company saw an increase in operating expenses, which rose to NOK 14.5 billion from NOK 10.5 billion in the same quarter a year ago. Higher operating expenses could indicate either rising costs or increased investments that the company is making.

EBITDA
EBITDA improved significantly to NOK 1.19 billion from NOK 551 million in the prior-year period, suggesting operational improvements or better control of overhead costs.

Outlook
Looking ahead to fiscal 2025, Aker Solutions expects revenues to be between NOK 50 billion and NOK 55 billion, along with an EBITDA margin projected between 7.0% and 7.5% (excluding net income from the OneSubsea segment), indicating confidence in continued revenue expansion.

Stocks:  AKKVF.PK