Q1 2025 Akva Group ASA Earnings Call Transcript

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May 09, 2025

May 09, 2025 / 06:00AM GMT
Knut Nesse - Akva Group ASA - Chief Executive Officer

Ladies and gentlemen, good morning and very much welcome to the ACA Group, the first quarter of financial presentation.

The agenda for this morning is that I will do the introduction and the highlights. Ronnie Meen, our CFO, will do the financial performance, and we will also do a run a Q&A session. And please post any questions during the presentation and our moderator will read your question.

Highlights for the first quarter of '25. First of all, a record high first quarter revenue of slightly more than NOK1,013 million, an acceptable EBIT of NOK57 million.

Strong order intake of NOK1.2 billion supported by the NOK30 million small contract with Sermac Chile. And also the sale of shares in Abu Group to AIs infrastructure partners with the net proceeds of NOK144 million and a net gain of NOK12 million, which is booked in the first quarter.

Also, we continue the sharp focus on further development and improved implementation of the no solution.

Straight to the numbers, key figures for Q1 revenue as

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