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Scana boosts margins and backlog on strong offshore quarter and energy breakthrough

Story Highlights
  • Scana delivered a strong Q4 2025 with higher margins, strong order intake and improved efficiency from structural cost measures.
  • The Energy division achieved a commercial breakthrough in megawatt charging, with new contracts set to strengthen backlog and activity.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Scana boosts margins and backlog on strong offshore quarter and energy breakthrough

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An announcement from Scana ASA ( (DE:1MP) ) is now available.

Scana ASA reported a strong fourth quarter of 2025, with revenue of NOK 450 million, EBITDA of NOK 70 million and a 16% EBITDA margin, supported by an order intake of NOK 392 million and an order backlog of NOK 1.19 billion. Performance was driven by high-margin offshore projects, particularly through Seasystems and elevated activity at Mongstad tied to Equinor’s refinery shutdown, after the group implemented structural cost measures to improve efficiency.

The Energy division secured a commercial breakthrough in its Battery-Integrated Megawatt Charging System during the quarter and has aligned its organization and costs with current market conditions. Subsequent contract awards are expected to bolster the division’s order backlog and underpin higher future activity, reinforcing Scana’s operational momentum and its positioning in emerging energy infrastructure markets.

More about Scana ASA

Scana ASA is an industrial technology and services group focused on the energy and offshore industries, leveraging a heritage that dates back to the early 1900s. Headquartered in Bergen with around 500 employees, the company emphasizes innovation, quality and value creation, positioning itself as a key provider of advanced solutions for future energy and offshore applications.

Average Trading Volume: 587,909

Current Market Cap: NOK729.8M

Learn more about 1MP stock on TipRanks’ Stock Analysis page.

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