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Akastor ASA (AKKVF)

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1.1000

+0.0100

+(0.92%)

As of February 21 at 3:00:00 PM EST. Market Open.

Akastor ASA: Fourth Quarter Results 2024

Fourth Quarter Highlights:

PR Newswire 11 days ago

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Akastor ASA: Completion of transfer of ownership interests in AKOFS Offshore

Reference is made to the press release dated 14 January 2025 regarding the agreement in which Akastor ASA (OSE: AKAST) transfers 8.3% of the shares in AKOFS Offshore AS ("AKOFS Offshore") to Mitsui O.S.K. Lines, Ltd. ("MOL"). The transfer has now been completed in accordance with the agreed terms, whereby Akastor and MOL now control 2/3 and 1/3 of the shares in AKOFS Offshore, respectively.

PR Newswire 12 days ago

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Aker Solutions ASA: Fourth-quarter and full-year 2024 results

Aker Solutions delivered strong revenue growth with improved margins in 2024. The order backlog remains solid at NOK 61 billion and the tender pipeline grew to about NOK 86 billion at year end. Revenues in 2025 are expected to be around NOK 50 to 55 billion with EBITDA margins of 7.0 to 7.5 percent, excluding net income from OneSubsea. In addition, OneSubsea, where Aker Solutions owns 20 percent, has an ambition to distribute dividends of more than USD 250 million to its shareholders in 2025. Ba

PR Newswire 13 days ago

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Aker Solutions ASA: Aker Solutions Awarded Contract for BalWin 1 Offshore Wind Project

Aker Solutions has signed a significant1 contract with Dragados Offshore to deliver the steel substructure for the 2GW HVDC converter station for the BalWin1 offshore wind grid connection system in Germany, for Amprion Offshore GmbH. The contract also includes an option for the BalWin 2 steel substructure.

PR Newswire 13 days ago

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Akastor ASA: Invitation to Presentation of Fourth Quarter 2024 Results

Akastor ASA invites investors and analysts to a webcast presentation of the fourth quarter 2024 financial results on Thursday, 13 February 2025.

PR Newswire 25 days ago

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Aker Solutions ASA: Aker Solutions preferred supplier for a CCS Project

Aker Solutions has been selected as the preferred supplier for a project within the carbon capture and storage value chain.

PR Newswire 27 days ago

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Aker Solutions ASA: Aker Solutions and SLB Capturi awarded contract for Hafslund Celsio's Carbon Capture and Storage Solution

Aker Solutions and SLB Capturi have been awarded a contract for the carbon capture and storage solution at Hafslund Celsio's waste-to-energy plant in Oslo, Norway. The contract will deliver a carbon capture plant, a liquefaction system, temporary storage, and loading facility at the waste incineration site. It also includes an intermediate CO2 storage and ship loading system at Oslo harbour. The project is an important milestone in the development of a full-scale CO2 value chain in Norway, as pa

PR Newswire 28 days ago

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Undiscovered Gems with Strong Fundamentals To Watch This January 2025

As global markets navigate through easing inflation and robust bank earnings, major U.S. stock indexes have rebounded, with value stocks notably outperforming growth shares. This positive momentum in the financial sector and cooling core inflation provides a fertile backdrop for investors seeking opportunities in lesser-known small-cap stocks with strong fundamentals. In this environment, identifying stocks with solid financial health and growth potential becomes crucial for those looking to...

Simply Wall St. last month

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Aker Solutions ASA: Aker Solutions and Siemens Energy awarded full notice to proceed on Norfolk Vanguard West and East

Aker Solutions, in a consortium with Siemens Energy, has reached an important milestone by receiving the full notice to proceed from RWE for the Norfolk Vanguard West and East offshore wind farms.

PR Newswire last month

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Akastor ASA: Completion of Mitsui transfer and agreement with MOL on ownership in AKOFS Offshore

Reference is made to press release dated 6 November 2024 concerning the agreement between Akastor ASA (OSE: AKAST) and Mitsui & Co., Ltd. ("Mitsui") on the transfer of all of Mitsui's interests in AKOFS Offshore AS ("AKOFS Offshore"). The transfer has today been completed as per the terms agreed, whereby Akastor now controls 75% of the shares in AKOFS Offshore.

PR Newswire last month

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Akastor ASA: Equinor exercise option period for AKOFS Seafarer

Equinor Energy AS ("Equinor") has now notified AKOFS Offshore AS ("AKOFS Offshore") that the three-year option period under the existing contract for the vessel "AKOFS Seafarer" is exercised. The option period is estimated to commence in late Q4 2025, after the vessel has completed its customary Special Periodic Survey (SPS) and in direct continuation of the current contract period. The option period has a total value of about USD 300 million and means that the vessel will perform light well int

PR Newswire 2 months ago

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Akastor ASA: DDW Offshore awarded contract extension

Akastor ASA's (OSE: AKAST) subsidiary DDW Offshore AS ("DDW Offshore") has been awarded a 6-month extension of the existing contract with Petrofac for the vessel Skandi Emerald. The extension means that the contract term now is extended to 14 July 2025. This extension builds on previous agreements referenced in press releases dated 27 September 2022 and 30 January 2024.

PR Newswire 2 months ago

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Akastor to acquire Mitsui’s interests in AKOFS Offshore for $22.5m

Akastor will own 75% of AKOFS Offshore, with Mitsui O.S.K. Lines retaining 25% after closing the deal.

Offshore Technology 3 months ago

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Akastor ASA: Akastor purchases ownership interests in AKOFS Offshore from Mitsui

Akastor ASA (OSE: AKAST) and Mitsui & Co., Ltd, ("Mitsui") have today signed an agreement for the transfer of all of Mitsui's interests in AKOFS Offshore AS ("AKOFS Offshore") to Akastor. Agreed purchase price, after certain adjustments, is USD 22.5 million, of which USD 15 million is payable at closing and remaining USD 7.5 million is payable in two equal tranches in June and December 2025. The agreement is entered into on an "as is" basis and includes all of Mitsui's interests in AKOFS Offshor

PR Newswire 3 months ago

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CORRECTION: Aker Solutions ASA: Third-Quarter Results 2024

Aker Solutions today published its third-quarter results for 2024.

PR Newswire 3 months ago

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Akastor ASA (AKKVF) Q3 2024 Earnings Call Highlights: Strong EBITDA Growth Amidst Mixed Order ...

Akastor ASA (AKKVF) reports a robust 32% year-on-year EBITDA increase, while navigating challenges in order intake and cash flow.

GuruFocus.com 3 months ago

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Aker Solutions ASA: Third-Quarter Results 2024

Aker Solutions has delivered another strong quarter with growth in revenues, margins and cash generation compared to the same period last year. The outlook for the company remains positive with a large backlog and high tendering activity across market verticals. Based on the solid financial position and positive outlook, the Board of Directors will propose an extraordinary dividend of NOK 21 per share at an Extraordinary General Meeting to be held on November 22, 2024.

PR Newswire 3 months ago

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Aker Solutions ASA: Proposed extraordinary cash dividend of NOK 21 per share, in total NOK 10 billion

The Board of Directors of Aker Solutions ASA ("Aker Solutions") has proposed to pay out an extraordinary cash dividend of NOK 21.00 per share, pending approval in an Extraordinary General Meeting (EGM) to be held on November 22, 2024.

PR Newswire 3 months ago

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Akastor ASA: Third Quarter Results 2024

Third Quarter Highlights

PR Newswire 3 months ago

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Akastor ASA: DDW Offshore secures two contracts with an international oil company

Akastor ASA's (OSE: AKAST) subsidiary DDW Offshore AS ("DDW Offshore") has been awarded two one-year contracts, each with a further 24-month priced option structure, with an international oil company for the anchor handling tug supply (AHTS) vessels Skandi Peregrino and Skandi Atlantic. The vessels will provide anchor handling and towage services in Australia, commencing on January 1, 2025, and March 1, 2025, respectively.

PR Newswire 3 months ago

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Performance Overview

Return	AKKVF	OBX Total Return Index
YTD	0.00%	+6.72%
1-Year	-2.65%	+21.81%
3-Year	+100.00%	+32.62%

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Akastor ASA (AKKVF)

Akastor ASA: Fourth Quarter Results 2024

Akastor ASA: Completion of transfer of ownership interests in AKOFS Offshore

Aker Solutions ASA: Fourth-quarter and full-year 2024 results

Aker Solutions ASA: Aker Solutions Awarded Contract for BalWin 1 Offshore Wind Project

Akastor ASA: Invitation to Presentation of Fourth Quarter 2024 Results

Aker Solutions ASA: Aker Solutions preferred supplier for a CCS Project

Aker Solutions ASA: Aker Solutions and SLB Capturi awarded contract for Hafslund Celsio's Carbon Capture and Storage Solution

Undiscovered Gems with Strong Fundamentals To Watch This January 2025

Aker Solutions ASA: Aker Solutions and Siemens Energy awarded full notice to proceed on Norfolk Vanguard West and East

Akastor ASA: Completion of Mitsui transfer and agreement with MOL on ownership in AKOFS Offshore

Akastor ASA: Equinor exercise option period for AKOFS Seafarer

Akastor ASA: DDW Offshore awarded contract extension

Akastor to acquire Mitsui’s interests in AKOFS Offshore for $22.5m

Akastor ASA: Akastor purchases ownership interests in AKOFS Offshore from Mitsui

CORRECTION: Aker Solutions ASA: Third-Quarter Results 2024

Akastor ASA (AKKVF) Q3 2024 Earnings Call Highlights: Strong EBITDA Growth Amidst Mixed Order ...

Aker Solutions ASA: Third-Quarter Results 2024

Aker Solutions ASA: Proposed extraordinary cash dividend of NOK 21 per share, in total NOK 10 billion

Akastor ASA: Third Quarter Results 2024

Akastor ASA: DDW Offshore secures two contracts with an international oil company

Performance Overview