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Aker Solutions ASA (AKRYY) Q1 2026 Earnings Call Transcript
SA Transcripts · 2026-04-30 · via All Articles on Seeking Alpha

Aker Solutions ASA (AKRYY) Q1 2026 Earnings Call April 30, 2026 3:00 AM EDT

Company Participants

Preben Ørbeck - Head of Investor Relations
Kjetel Digre - President & CEO
Idar Eikrem - Executive VP & CFO

Presentation

Preben Ørbeck
Head of Investor Relations

Good morning, and welcome to Aker Solutions presentation of our First Quarter results. My name is Preben Ørbeck, and I'm the Head of Investor Relations. With me today is our CEO, Kjetel Digre; and our CFO, Idar Eikrem. They will take you through the main developments of the quarter. Following the presentation, we will open for questions. Those of you who are following the webcast can submit your questions via the online platform.

And with that, I leave the floor to Kjetel Digre.

Kjetel Digre
President & CEO

Thank you, Preben, and welcome to everyone tuning in. As usual, let me start the presentation with the main messages for today. Firstly, we continue to deliver solid financial results as our revenues normalize from peak levels in 2025. A key priority in 2026 is to secure new orders, and I'm happy to report that Aker Solutions was awarded several important long-term frame agreements in the first quarter. And our financial position remains highly robust. Mid-April, the Annual General Meeting approved the payment of NOK 8.6 per share of ordinary and extraordinary dividends which was distributed to shareholders earlier this week.

Our mantra in Aker Solutions is always home safely. But sadly, during Easter, we lost a colleague in a fatal accident at our decommissioning site at Stord. This loss is a stark reminder of why our focus on safety is so important every day in every task. To fully understand what's happened and to prevent it from happening again, Aker Solutions has established our own internal investigation, and we are collaborating with the police and authorities in