Odfjell Technology Ltd (LTS:0ABV)

Q2 2026 Odfjell Technology Ltd Earnings Call Transcript

Aug 20, 2026 / 08:30 AM GMT

Release Date Price: kr61.9 (+2.48%)

Transcript

Key Points

Positve

Record quarterly EBITDA of $243 million with a margin of 17.4%, up from 14.8% in Q1.
Strong order intake of $1.1 billion, including a major LOI extension for the Mariner platform with Adjura Energy.
Free cash flow turned positive at $46 million, a significant improvement from negative $64 million in Q1.
Successful integration of KCMR Razer, contributing $35 million to EBITDA, with synergies expected to grow.
Firm backlog increased to $7.2 billion, providing strong revenue visibility and stability.

Negative

Middle East conflict caused operational disruptions and increased costs, impacting well services performance by an estimated $7-10 million.
Revenue in Operations declined 9% year-on-year due to scheduled maintenance and lower activity.
P&E revenue fell 22% year-on-year, with margins slightly down due to lower-margin revenue mix.
Dividend payments remain suspended for another quarter, with resumption only expected after Q3.
CapEx spending was high in Q2 due to prioritization effects, though management maintains discipline.

Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

OTL.OL - Odfjell Technology Ltd
Q2 2026 Odfjell Technology Ltd Earnings Call
Aug 20, 2026 / 08:30AM GMT

=====================
Presentation
--------------------------------------------------------------------------------
Unidentified_1 [1]
--------------------------------------------------------------------------------
Good morning, and welcome to Optiel Technology's Q2 presentation.

My name is Gaslard Lang. I'm the SVP for Finance and Investor Relations in Optiel Technology.

I'm joined by our CEO, Simon Leung, and our CFO, Eric Hudson.

Today's presentation is available on our website.

Please take notice of the disclaimer on page 2.

Simon will now cover the key highlights, the market outlook, the backlog, and our capital allocation update.

You can submit your questions through the webcast portal or by using the dial-in numbers.

I now hand it over to Simon.

--------------------------------------------------------------------------------
Unidentified_2 [2]
-----

Already have an account? Log in

Get the full story

Subscribe Now

	Access to All Earning Calls and Stock Analysis
	30-Year Financial on one screen
	All-in-one Stock Screener with unlimited filters
	Customizable Stock Dashboard
	Real Time Insider Trading Transactions
	8,000+ Institutional investors’ 13F holdings
	Powerful Excel Add-in and Google sheets Add-on
	All data downloadable
	Quick customer support
	And much more...

7-Day Free Trial · Cancel Anytime

Subscription fee may be tax deductible.

Excellent

4.6 out of 5

Trustpilot

Research Tools

All-In-One Screener Stock Ideas Stock List Guru List Guru Real-Time Picks Insider List Insider Trades Economic Indicators Sector & Industry Performance DCF Calculator Calculators Discussion Board

Product

Pricing Plans Excel Add-In Google Sheets Add-on Data API Stock Comparison Table Manual of Stocks Instant Alerts Mobile App Newsletters Signup 中文

Education

Financial Glossary Tutorials FAQ Buffett Indicator Shiller P/E Yield Curve Today U.S. Inflation Rate Global Market Valuation Fed Net Liquidity Buffett Assets Allocation

Company

About GuruFocus Career Contact Us Advertise Term of Use Privacy Policy Referral Program Partner Program

Survey

We'd love to learn more about your experiences on GuruFocus.com and how we can improve!

Take Survey

Disclaimers

GuruFocus.com is not operated by a broker or a dealer. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes are provided by QuoteMedia, Inc. (CSI). Company fundamental data is provided by Morningstar. Analyst estimates data is sourced from both Refinitiv and Morningstar, with priority given to Refinitiv data. Data is updated daily.