)

Endúr (ENDUR) investor relations material
Endúr Q2 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
Executive summary
Achieved record revenue of NOK 1,690.7 million in Q2 2025 (up 12% YoY) and NOK 2,553.8 million in H1 2025 (up 101% YoY), with highest ever EBITA of NOK 101.2 million in Q2 and NOK 135.5 million in H1, driven by Infrastructure and supported by Aquaculture.
Major acquisitions completed, including VAQ AS, Total Betong AS, Igang Totalentreprenør AS, Habto Holding AS, and Nero Anlegg AS, expanding capabilities and market reach.
Maintained a robust order backlog of NOK 9.3 billion at Q2-end, with high order intake and solid project pipeline.
Strong cash conversion and robust liquidity position, supported by a firm backlog and successful integration of acquisitions.
Financial highlights
Q2 2025 EBITA: NOK 101.2 million (+23% YoY); H1 2025 EBITA: NOK 135.5 million (+80% YoY); EBITA margin: 6.0% in Q2, 5.3% in H1.
Net profit after tax: NOK 42.5 million in Q2 2025 (up from NOK 18.2 million in Q2 2024); H1 2025 net income: NOK 30.8 million (up from NOK 11.9 million in H1 2024).
Cash flow from operations: NOK 105.6 million in Q2 2025; NOK 359.1 million in H1 2025, exceeding reported EBITDA after adjusting for delayed payments.
Liquidity at Q2-end: NOK 866 million in cash and NOK 250 million in unused overdraft; total available liquidity NOK 1,116 million.
Outlook and guidance
Order backlog of NOK 9.3 billion at Q2-end, rising to NOK 9.8 billion after subsequent contract awards.
High tender activity and strong market demand expected to support continued growth in Infrastructure and Aquaculture.
Exponential growth anticipated in land-based aquaculture, supported by regulatory changes and large ongoing projects.
Recent acquisitions and recruitment expected to enhance competitive position and execution capacity.
Next Endúr earnings date

The essential earnings season companion
The #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
)
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
)
I can't remember the last time an app had such a positive impact on my investment process.
)
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
)
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
)
I can't remember the last time an app had such a positive impact on my investment process.
)
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
)
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
)
)
)
)
Frequently asked questions
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Explore our global coverage