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Bouvet (BOUV) investor relations material
Bouvet Q2 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
Executive summary
Robust performance with continued strong demand in key sectors, despite a slight revenue decline year-over-year.
New long-term agreements signed with major clients including Equinor, Norwegian Tax Administration, Bane NOR, AkerBP, Statnett, and Fifty.
Employee count increased to 2,337, up 0.3% year-over-year.
Financial highlights
Operating revenues of NOK 968.7 million, down 3.2% from NOK 1,001.2 million in Q2'24.
EBIT of NOK 123.2 million, down from NOK 135.6 million, with a margin of 12.7% (down 0.8pp year-over-year).
Profit for the period decreased to NOK 95.7 million from NOK 104.0 million.
EPS (fully diluted) at NOK 0.92, down from NOK 1.00.
Cash flow from operations at NOK 6.1 million, significantly lower than NOK 99.9 million in Q2'24.
Outlook and guidance
High activity continues in key sectors with clients seeking strategic partnerships.
Strong demand for cross-functional teams and increasing demand for AI-related assignments.
Market remains highly competitive.
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