Moreld Q2 adjusted EBITDA returns to profit at NOK 329 million; revenue rises to NOK 2.5 billion
Reuters2026/08/13 05:08- Moreld posted Q2 revenue of NOK 2.5 billion, delivering adjusted EBITDA of NOK 329 million.
- H1 revenue totaled NOK 3.9 billion, with adjusted EBITDA of NOK 236 million, down year-on-year on lower Q1 activity.
- Order intake reached NOK 4.6 billion, lifting backlog to NOK 8.4 million at quarter-end.
- Ocean Installer won a large Equinor subsea tie-back contract post-quarter, pushing total backlog close to NOK 10 billion for 2027-28 visibility.
- Board maintained quarterly dividend ambition, setting an August payout of NOK 0.5 per share; cash was NOK 1.1 billion, leverage 0.3x.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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