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ADES: Record revenue, EBITDA, and backlog driven by offshore growth and Shelf Drilling acquisition

ADES: Record revenue, EBITDA, and backlog driven by offshore growth and Shelf Drilling acquisition

Ades Holding CompanyMarch 29, 20263
ADES: Record revenue, EBITDA, and backlog driven by offshore growth and Shelf Drilling acquisition

About this update from Ades Holding Company

Revenue and EBITDA grew 7.9% and 17.0% year-over-year, respectively, with record backlog and high utilization. The Shelf Drilling acquisition expanded the fleet and global footprint, while FY 2026 EBITDA is projected to rise 26–37%.Original document: This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.

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