AKVA Group
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AKVA Group (AKVA) investor relations material

AKVA Group Q3 2026 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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Q3 2026 earnings summary6 Nov, 2026

Executive summary

  • Q3 revenue was NOK 959m, down NOK 153m YoY, while EBIT rose to NOK 99m from NOK 89m; YTD EBIT increased to NOK 301m from NOK 236m.

  • Q3 order intake was NOK 714m and period-end backlog was NOK 2,718m; management expects robust Q4 order intake and sees backlog supporting organic growth in 2027.

Financial highlights

  • Q3 EBITDA was NOK 170m vs NOK 148m; net profit was NOK 59m vs NOK 63m. YTD EBITDA was NOK 502m vs NOK 406m, and net profit was NOK 182m vs NOK 152m.

  • YTD revenue was NOK 3,288m vs NOK 3,292m; YTD order intake rose 17% to NOK 3,552m.

  • Q3 EPS was NOK 1.62 vs NOK 1.74; YTD EPS was NOK 5.00 vs NOK 4.22.

Outlook and guidance

  • Order intake is expected to be robust in Q4 2026; NOK 2,718m backlog provides a foundation for continued organic growth in 2027.

  • 2027 target: minimum revenue of NOK 5bn and EBIT margin of 9%; continued strong momentum is anticipated for deep farming concepts.

  • Strategic priorities remain unchanged pending completion of the Yanmar transaction; operations continue as usual.

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Frequently asked questions

AKVA Group ASA is a Norway-based supplier of technology and services to the aquaculture industry. The company provides feed systems, cages, nets, software, and environmental solutions for fish farming operations. Its clients include marine and land-based aquaculture companies globally. AKVA Group ASA is headquartered in Klepp, Norway, and its shares are listed on the OSE.