Third quarter results 2026 – Resilient profitability in a challenging market
Scana delivered resilient profitability in the third quarter, despite lower activity levels. The results reflect continued cost discipline and solid operational performance.
Q3 2026 Financial Highlights
- Revenue NOK 347 million
- EBITDA NOK 43 million
- EBITDA margin 12 %
- Order intake NOK 320 million
- Order backlog NOK 1019 million
Offshore delivered stable profitability despite lower revenues in the third quarter, supported by good operational performance across the division. The market continued to develop at a slower pace than expected.
Energy maintained a disciplined cost base and stable activity during the quarter. Market activity continued to be characterized by long decision-making processes and postponed project decisions, while the project pipeline remains strong across several market segments. Following the end of the quarter, the division secured a very large framework agreement as system integrator for an energy management system to Tydal Data Center AS. The agreement underpins the potential for realisation of projects in the pipeline.
Q3 Presentation
Scana’s Q3 2026 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://ir.scana.no/events/6a8a043aa7abe2ac9adacdbb
The presentation will be available for replay shortly afterward on Scana’s website, www.scana.no.
Attached to this stock exchange notice is the report for the third quarter.
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 12 November 2026 at 08:00 CET.
Scana in brief
Scana is an active industrial owner of technology and services to both the energy and offshore industries. With an industrial history dating back to the early 1900s, Scana has evolved to become a leader in technology and innovation. This journey has provided a unique position to shape solutions for tomorrow, driven by extensive industrial experience combined with quality and value creation. Scana is headquartered in Bergen and has around 500 employees. www.scana.no
