Q3 Interim Report 2025

Today, we announce our Q3 Financial Report with promising details for customers, shareholders, and the business alike.

CEO Thomas Berge says, "We remain committed to creating long-term value for our shareholders through an attractive combination of organic growth, M&A, and shareholder distributions".

The report includes:

A new shareholder return policy and target NOK 300 million shareholder distribution
An accelerating M&A pipeline exceeding 50 million EUR, including attractive larger targets in active negotiations
Adjusted EBITDA increased by 17% year-over-year, from NOK 166 million in 3Q24 to NOK 195 million in 3Q25, of which 9% was organic growth.
53% increase in contracts won YoY, representing the best ever third quarter in terms of wins from new contracts