Moreld ASA Raises 2026 Guidance Following NOK 2.2 Billion Q3 Revenue

Key Facts

Moreld ASA reported third-quarter 2026 revenues of NOK 2.2 billion, driven by strong project execution within its Ocean Installer division. Benzinga reported that the company achieved adjusted EBITDA of NOK 376 million for the period, representing an EBITDA margin of 17%.

The company raised its full-year 2026 adjusted EBITDA guidance to a range of NOK 0.85-1.0 billion, citing improved operational visibility and a robust backlog. CEO Geir Austigard noted that the results demonstrate the earnings potential of the subsea business, as the board reconfirmed its dividend policy with a NOK 0.50 per share payout and approved a new share buyback program.