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Scana (SCANA) investor relations material

Scana Pareto Securities' 32nd Annual Energy Conference Presentation summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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Pareto Securities' 32nd Annual Energy Conference Presentation summary10 Sep, 2025

Financial performance and key metrics

  • EBITDA increased from 71 MNOK in FY 2021 to 261 MNOK in FY 2024, showing strong growth.

  • Q2 2025 revenue was 396 MNOK, with an adjusted EBITDA of 23 MNOK.

  • Order intake in Q2 2025 reached 492 MNOK, and order backlog stood at 1,174 MNOK.

  • Cost-reduction measures led to over 60 MNOK in yearly savings and a 10% reduction in group headcount.

  • Financial performance strengthened from Q1 to Q2 2025, with improved revenue and adjusted EBITDA.

Strategic initiatives and operational highlights

  • Capping stack assembly was finalized, moving into the commercialization phase.

  • Strategic review for PSW Power & Automation was reset to align with new objectives.

  • Increased focus on prefabrication and frame agreements within PSW Technology.

  • PSW Technology secured a frame agreement with Equinor for electrical and mechanical services, with the first option exercised in March 2025.

  • High activity periods supported by significant headcount during project turnarounds.

Portfolio and business segments

  • Portfolio companies drive growth across offshore, energy, and asset management sectors.

  • PSW Power & Automation focuses on energy storage, control, and shore power solutions.

  • Seasystems supplies advanced mooring solutions for floating structures, including LNG infrastructure projects.

  • New contract awarded for emergency power modules to data center terminals under a framework agreement.

  • Customized E-house projects and energy storage solutions are key offerings in the automation segment.

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Frequently asked questions

Scana ASA provides equipment and services to the maritime industry. The company offers valve remote control systems, mooring solutions and standard and customized containers/module solutions to vessels, rigs, and floating structures serving the shipping, oil and gas, aquaculture, and energy industries. It also engages in the design and integration of electrical power systems, electrical infrastructure, energy storage systems and control systems; as well as provides rig, capping, equipment support, make and break, IMR lifecycle, welding and asset integrity management services to drilling industry. In addition, the company offers riser applications to the oil and gas industry.

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