Fourth quarter results 2025 – Solid margins and strengthened operations
Scana ASA delivered a strong quarter, with EBITDA of NOK 70 million and order intake of NOK 392 million. The positive development continued, driven by high offshore margins and structural measures implemented across the group, contributing to improved operating performance and efficiency.
Q4 2025 Financial Highlights
- Revenue NOK 450 million
- EBITDA NOK 70 million
- EBITDA margin 16 %
- Order intake NOK 392 million
- Order backlog NOK 1,188 million
The Offshore division delivered strong performance in the quarter, supported by several projects completed by Seasystems with solid margins. High activity at Mongstad, particularly related to the production shutdown at Equinor’s refinery, contributed positively to utilization and efficiency, while the cost base is now aligned with current market conditions following completed structural measures.
During the quarter, the Energy division achieved a commercial breakthrough within Battery-Integrated Megawatt Charging System. The division has aligned its organization and cost level with current market conditions. Events after quarter-end in the form of contract award (stock exchange notice 02.02.2026, 11:57 CET) are expected to strengthen the order backlog and position the division for higher activity.
Q4 Presentation
Scana’s Q4 2025 results will be presented today at 10:00 CET by CEO Baste Tveito and CFO Morten Riiser, followed by a live Q&A session.
The webcast presentation can be viewed at this link: https://investorcast.live/webcastdetail?id=698996717cb86f4c3d972ec2
This information is considered to be inside information pursuant to the EU Market Abuse Regulation and is subject to the disclosure requirements pursuant to Section 5-12 of the Norwegian Securities Trading Act. This stock exchange announcement was published by Stian Vikebø, General Counsel at Scana ASA, on 19 February 2026 at 08:00 CET.
