Solstad Offshore (OB:SOFF) First Quarter 2025 Results
Key Financial Results
- Revenue: kr69.0m (down 91% from 1Q 2024).
- Net income: kr24.0m (up from kr36.3m loss in 1Q 2024).
- Profit margin: 35% (up from net loss in 1Q 2024).
- EPS: kr0.29 (up from kr0.44 loss in 1Q 2024).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Solstad Offshore Earnings Insights
Looking ahead, revenue is forecast to grow 6.3% p.a. on average during the next 3 years, compared to a 3.0% growth forecast for the Energy Services industry in Norway.
Performance of the Norwegian Energy Services industry.
The company's shares are down 1.6% from a week ago.
Risk Analysis
Before we wrap up, we've discovered 2 warning signs for Solstad Offshore that you should be aware of.
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