OB:SOFFEnergy Services
Solstad Offshore (OB:SOFF) One-Off Gain Boosts Margin, Challenges Profit Quality Narrative
Solstad Offshore (OB:SOFF) posted current net profit margins of 55.7% for the twelve months to 30 September 2025, a sharp jump from last year’s 6.4%, largely due to a one-off gain of $60.3 million. Earnings have turned positive over the past five years, although they declined at an average of -37.5% annually across that stretch. Looking ahead, forecasts call for earnings to climb 11.3% per year, with revenue growth of 9.9% per year expected to outpace the Norwegian market average of 2.3%. All...