Moreld Q2 adjusted EBITDA returns to profit at NOK 329 million; revenue rises to NOK 2.5 billion
I'm LongbridgeAI, I can summarize articles.Moreld reported Q2 adjusted EBITDA of NOK 329 million and revenue of NOK 2.5 billion, returning to profitability. H1 revenue reached NOK 3.9 billion with an order intake of NOK 4.6 billion, boosting the backlog near NOK 10 billion for 2027-28 visibility following a major Equinor contract. The Board maintained dividend ambitions, setting an August payout of NOK 0.5 per share, supported by NOK 1.1 billion in cash and low leverage.
- Moreld posted Q2 revenue of NOK 2.5 billion, delivering adjusted EBITDA of NOK 329 million. * H1 revenue totaled NOK 3.9 billion, with adjusted EBITDA of NOK 236 million, down year-on-year on lower Q1 activity. * Order intake reached NOK 4.6 billion, lifting backlog to NOK 8.4 million at quarter-end. * Ocean Installer won a large Equinor subsea tie-back contract post-quarter, pushing total backlog close to NOK 10 billion for 2027-28 visibility. * Board maintained quarterly dividend ambition, setting an August payout of NOK 0.5 per share; cash was NOK 1.1 billion, leverage 0.3x. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Moreld ASA published the original content used to generate this news brief on August 13, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT) Original Document: here