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Aker ASA (AKAAF)
OTHER OTC:AKAAF
Earnings Data
Report Date
Jul 16, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
―Last Year’s EPS
-1.85Same Quarter Last Year
Moderate Sell
Based on 1 Analysts Ratings
Earnings Call Summary
Earnings Call Date:May 09, 2025
|% Change Since: 14.05%
|Next Earnings Date:Jul 16, 2025
Earnings Call Sentiment|Neutral
The earnings call highlighted significant achievements such as growth in net asset value, strong performance in Aker BP, and Cognite's revenue milestone. However, these are tempered by major challenges, particularly with Aker Horizons' significant decline and the broader market volatility. Despite some positive highlights, the lowlights indicate considerable negative trends and challenges.Company Guidance
In the recent call, Aker provided comprehensive guidance regarding its strategic and financial maneuvers for the first quarter of 2025. The company announced a merger between Aker Horizons and Aker ASA, with Aker Horizons shareholders receiving shares and cash, while a NOK2.5 billion green bond will be redeemed to reduce interest costs. Aker Carbon Capture's transaction with SLB was highlighted, unlocking NOK4.1 billion in value. Despite a 96% decline in Aker Horizons’ share value since its 2021 listing, Aker reported a net asset value of NOK61.9 billion and a 13% increase in its share price over the quarter. The Board approved a dividend of NOK26.5 per share for the first half of 2025, with the potential for a total dividend of NOK53 per share for the year. Aker's debt maturity is 3.7 years, with a robust liquidity buffer of NOK9.3 billion. The company emphasized strategic foresight, resilience, and a focus on fewer, larger cash-generative holdings amidst global market volatility and geopolitical tensions.Positive Net Asset Value Growth
Aker reported a net asset value of NOK61.9 billion compared to NOK58.2 billion at the close of 2024, showing growth despite market volatility.
Strong Performance of Aker BP
Aker BP continues to be an important operator on the Norwegian Continental Shelf, with ambitions for growth and a clear pathway to sustain production above 500,000 barrels per day beyond 2030.
Record High Dividends
The Board has approved a dividend of NOK26.5 per share for the first half of 2025, with expectations to double this amount by year-end, resulting in a total dividend of NOK53 per share for 2025.
Cognite's Annual Recurring Revenue Milestone
Cognite's annual recurring revenue surpassed the USD 100 million milestone in the first quarter, showing a promising outlook for the full year.
AKAAF Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
AKAAF Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 09, 2025 | $58.08 | $59.28 | +2.07% |
Feb 14, 2025 | $53.00 | $56.52 | +6.64% |
Nov 06, 2024 | $51.42 | $51.22 | -0.39% |
Jul 17, 2024 | $59.18 | $60.16 | +1.66% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Aker ASA (AKAAF) report earnings?
Aker ASA (AKAAF) is schdueled to report earning on Jul 16, 2025, TBA Not Confirmed.
What is Aker ASA (AKAAF) earnings time?
Aker ASA (AKAAF) earnings time is at Jul 16, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is AKAAF EPS forecast?
Currently, no data Available