Aker Solutions Hldg Asa (AKRTF) Q3 2025 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:05.218 Good morning and welcome to Aake Solutions presentation of our third quarter results. 00:00:05.218 -- 00:00:09.624 My name is Preben Ørbæk and I'm the head of investor relations. 00:00:09.624 -- 00:00:14.731 As usual, I'm joined by our CEO Kjetil Digre and our CFO Idar Eikrem, 00:00:14.731 -- 00:00:18.696 who will take you through the main developments of the quarter. 00:00:18.696 -- 00:00:21.479 After the presentation, we have time for questions. 00:00:21.479 -- 00:00:26.907 Those of you who are following the webcast can submit your questions via the online platform. 00:00:26.907 -- 00:00:30.949 And with that, I leave the floor to Kjetil Digre. 00:00:31.520 -- 00:00:35.726 Thank you, Preben, and welcome to everyone tuning in. 00:00:35.726 -- 00:00:40.933 As always, let me start the presentation with the main messages for today. 00:00:40.933 -- 00:00:46.121 First and foremost, I'm pleased to report that we continue to deliver solid financial 00:00:46.121 -- 00:00:49.125 results in a period of high activity. 00:00:49.125 -- 00:00:54.813 Our third quarter revenues were 17 billion kroner, which is an increase of almost 30% 00:00:54.813 -- 00:00:57.355 from the same period last year. 00:00:57.355 -- 00:01:03.244 And we delivered an EBITDA margin of 8.8% in the quarter, or 7.2% 00:01:03.244 -- 00:01:08.228 if we exclude net income from SLB 1 sub-sig. 00:01:08.612 -- 00:01:14.060 In Aker Solutions, our core focus is to deliver predictable project execution. 00:01:14.060 -- 00:01:18.647 And during the quarter, I'm pleased to report that we met all key milestones on the Aker 00:01:18.647 -- 00:01:23.695 BP portfolio and celebrated the official opening of the record-breaking Ormen Lange Phase 00:01:23.695 -- 00:01:26.756 3 project at Nyhavn...