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Viking Supply Ships
Viking Supply Ships (VSSAB) investor relations material
Viking Supply Ships Q1 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q1 2026 earnings summary30 Apr, 2026
Executive summary
Net sales rose to MSEK 251 in Q1 2026, up from MSEK 147 in Q1 2025, reflecting strong market conditions and higher fixture rates in the North Sea AHTS market.
EBITDA increased to MSEK 75 from MSEK 38 year-over-year, and profit after tax improved to MSEK 29 from a loss of MSEK 24.
Acquisition of the Ice Class 1A vessel Maersk Maker (renamed Tor Viking) expanded the fleet to eight AHTS vessels.
Financial highlights
Net sales: MSEK 251 (Q1 2026) vs. MSEK 147 (Q1 2025).
EBITDA: MSEK 75 (Q1 2026) vs. MSEK 38 (Q1 2025).
Profit after tax: MSEK 29 (Q1 2026) vs. MSEK -24 (Q1 2025).
Earnings per share: SEK 2.2 (Q1 2026) vs. SEK -1.8 (Q1 2025).
Equity at quarter-end: MSEK 1,992, up by MSEK 91 from the previous quarter.
Outlook and guidance
Strong North Sea AHTS market momentum expected to continue, driven by tight vessel supply and increased rig activity.
No clear signs of a shift back to dynamic positioning operations; rig count on UK side projected to rise in Q2 2026.
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Latest events from Viking Supply Ships
- Q4 2025 delivered strong revenue and profit growth amid a robust North Sea AHTS market.VSSAB
Q4 202512 Feb 2026 - Q3 2025 earnings fell sharply on weak AHTS demand, despite ongoing fleet investments.VSSABQ3 202531 Oct 2025
- Q2 2025 delivered robust financial growth, but market outlook remains cautious.VSSABQ2 202515 Aug 2025
- Strong Q3 results and strategic investments set the stage for continued growth.VSSABQ3 202413 Jun 2025
- Strong Q2 growth, cost-saving initiatives, and vessel sales boost results amid market volatility.VSSABQ2 202413 Jun 2025
- Q1 revenue and EBITDA fell on weaker markets, but new contracts and investments support future growth.VSSABQ1 20256 Jun 2025
- Year-over-year revenue and EBITDA growth achieved despite challenging North Sea conditions.VSSABQ4 20245 Jun 2025
Next Viking Supply Ships earnings date
Q2 202614 Aug, 2026
Viking Supply Ships
Next Viking Supply Ships earnings date
Q2 202614 Aug, 2026
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