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Prosafe Reports Strong Q3 Performance and Strategic Growth Initiatives

Story Highlights
  • Prosafe SE reported improved Q3 2025 financials with increased EBITDA and fleet utilization.
  • Strategic initiatives and strong market demand position Prosafe for future growth.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Prosafe Reports Strong Q3 Performance and Strategic Growth Initiatives

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Prosafe ( (GB:0J5Y) ) has shared an update.

Prosafe SE reported a significant improvement in its financial performance for the third quarter of 2025, with an EBITDA of USD 11.3 million, up from USD 5.0 million in the same period last year. The company achieved 100% fleet utilization in September and has a backlog of USD 486 million, indicating strong market demand, particularly in Brazil and Africa. Prosafe’s strategic initiatives, including cost reduction and recapitalization, position it for improved earnings as it explores further growth opportunities.

More about Prosafe

Prosafe is a leading owner and operator of semi-submersible accommodation vessels, listed on the Oslo Stock Exchange under the ticker code PRS.

Average Trading Volume: 1,083,250

Current Market Cap: NOK1.12B

For detailed information about 0J5Y stock, go to TipRanks’ Stock Analysis page.

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