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Edge16 Oct 2026
Winner, Winner: The Chicken McNugget Story
How a 1940s breeding contest, a Cornell food scientist, and a hedge by Ray Dalio helped McDonald's turn the Chicken McNugget into a fast-food icon.
Viking Supply Ships
Viking Supply Ships (VSSAB) investor relations material
Viking Supply Ships Q2 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q2 2026 earnings summary14 Aug, 2026
Executive summary
Net revenue for Q2 2026 was MSEK 461, up 48% year-over-year; EBITDA reached MSEK 278, up 96%.
Profit after tax for Q2 was MSEK 182, more than double the prior year; EPS was SEK 13.8.
Year-to-date net revenue was MSEK 712, EBITDA MSEK 353, and profit after tax MSEK 211.
The North Sea AHTS market saw average fixture rates rise 130% year-over-year to USD 175,000.
Leadership transition: Ulrik Mannhart appointed CEO, Bengt A. Rem as Group CEO effective August 2026.
Financial highlights
Q2 net revenue: MSEK 461 (312 in Q2 2025); EBITDA: MSEK 278 (142); profit after tax: MSEK 182 (87).
Year-to-date net revenue: MSEK 712 (459); EBITDA: MSEK 353 (180); profit after tax: MSEK 211 (63).
Equity at quarter-end: MSEK 2,220, up by MSEK 319 during the quarter.
Cash flow from operations in H1: MSEK 161; investments: MSEK 742; financing inflow: MSEK 556.
Cash and cash equivalents at quarter-end: MSEK 47; unutilized credit facilities: MSEK 530.
Outlook and guidance
North Sea AHTS spot market expected to be challenging in H2 2026 due to increased vessel supply and lower project pipeline.
Rig activity in Norway remains healthy; UK rig activity improved with more active drilling rigs.
Long-term outlook remains optimistic, supported by deepwater developments and offshore activity.
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Latest events from Viking Supply Ships
- Revenue grew, but lower EBITDA and new-vessel costs drove a FY loss of MSEK 88.VSSAB
Q4 2023 - Strong revenue growth and fleet expansion amid high North Sea AHTS rates and tight supply.VSSABQ1 2026
- Q4 2025 delivered strong revenue and profit growth amid a robust North Sea AHTS market.VSSABQ4 2025
- Q3 2025 earnings fell sharply on weak AHTS demand, despite ongoing fleet investments.VSSABQ3 2025
- Q2 2025 delivered robust financial growth, but market outlook remains cautious.VSSABQ2 2025
- Strong Q3 results and strategic investments set the stage for continued growth.VSSABQ3 2024
- Strong Q2 growth, cost-saving initiatives, and vessel sales boost results amid market volatility.VSSABQ2 2024
- Q1 revenue and EBITDA fell on weaker markets, but new contracts and investments support future growth.VSSABQ1 2025
- Year-over-year revenue and EBITDA growth achieved despite challenging North Sea conditions.VSSABQ4 2024
Next Viking Supply Ships earnings date
Q3 20266 Nov, 2026
Viking Supply Ships
Next Viking Supply Ships earnings date
Q3 20266 Nov, 2026
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Frequently asked questions
Viking Supply Ships AB (VSSAB) is a leading company within the offshore and icebreaking services sector, specializing in operations primarily in the Arctic and subarctic regions. The company's core business includes offshore support through its fleet of ice-classed Anchor Handling Tug Supply (AHTS) vessels and Platform Supply Vessels (PSVs), emphasizing safe, effective, and sustainable operations in harsh ocean environments. Viking Supply Ships has a long-standing expertise in navigating and managing ice conditions, with a history dating back to its establishment in 1974. The company is headquartered in Stenungsund, Sweden, and its shares are listed on the Nasdaq Stockholm.