Second quarter results 2026 – Stable revenue and solid profitability
Scana delivered stable revenue and solid profitability in the second quarter. The results reflect strong cost discipline, improved operational efficiency and a more resilient business model.
Q2 2026 Financial Highlights
- Revenue NOK 388 million
- EBITDA NOK 49 million
- EBITDA margin 13 %
- Order intake NOK 346 million
- Order backlog NOK 1045 million
Offshore delivered a strong quarter, supported by high activity levels and solid profitability. Stable activity at Mongstad, combined with offshore wind, subsea and valve control projects, contributed to healthy earnings. The division reported solid order intake, including LNG-related contract awards.
Energy continued to operate with a disciplined cost base during the quarter, however activity levels remained below what is required to deliver satisfactory results. Order intake was lower than expected, while the project pipeline remains strong and growing. The division remains well positioned to support future growth through its existing operational capacity.
Q2 Presentation
Scana’s Q2 2026 results will be presented today at 09:45 CEST by CEO Baste Tveito and CFO Morten Riiser. The presentation takes place at the Vestland på Børs conference in Bergen.
The webcast presentation can be viewed at this link:
The presentation will be available for replay shortly afterward on this website.
Attached to this stock exchange notice are the reports for the second quarter and the first half of the year.
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 August 2026 at 08:00 CEST.
