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30 October 2025

For further information, please contact:

Investors and financial media

Stuart Jackson, Chief Financial Officer, ABL Group ASA
Email: stuart.jackson@abl-group.com

Haakon Brandrud, Director of Strategy and Corporate Development, ABL Group ASA
Email: haakon.brandrud@abl-group.com

Other media enquiries

Endre Johansen, Corporate Communications AS
Telephone: +47 41 61 06 05
Email: endre.johansen@corpcom.no

About ABL Group ASA

ABL Group (OSE: ABL Group ASA – ticker code “ABL”) is a leading independent global consultancy delivering energy, marine, engineering and digital solutions to drive safety and sustainability in renewables, maritime and oil & gas sectors. The group has offices in 39 countries worldwide and operates under four brands: ABL, OWC, Longitude and AGR.

ABL Group ASA: Q3 2025 financial results

HIGHLIGHTS Q3 2025

  • Revenues of USD 87.8 million (Q3 24: USD 86.2 million)
  • Operating profit of USD 3.0 million (Q3 24: USD 2.5 million)
  • Adjusted EBIT of USD 3.7 million (Q3 24: USD 3.0 million)
  • Net debt of USD 2.6 million (Q2 25: USD 1.0 million net cash)
  • Semi-annual dividend of NOK 0.45 per share declared, to be paid in November

Hege Norheim, CEO of ABL Group ASA (“ABL Group” or the “Company”) commented:

“I am very pleased to be stepping into an executive role as CEO and look forward to leading the business through the next stage of its evolution.

In the third quarter of 2025, revenue grew 2% year-on-year to USD 87.8 million, with solid contributions from the acquisitions of Proper Marine and Techconsult, offset by lower vessel and resourcing revenues in AGR. OWC maintained a stable volume of activity, while Longitude saw some project delays impacting activity.

Our adjusted EBIT increased 23% year-on-year to USD 3.7 million, with an adjusted EBIT margin of 4.2%, up from 3.4% in Q3 2024. This was driven by strong performance in the ABL segment, which delivered its best quarter since Q3 2023, with an EBIT margin above 20%, supported by increased rig move activity in the Middle East.

Looking ahead, we expect offshore O&G and maritime markets to remain relatively stable, while renewables activity remains a focus as we gradually diversify the services and grow the onshore business.

I believe in the long-term prospects of ABL Group as I look to increase near-term profitability, invest in services that address our client needs and continue the journey of consolidating professional services in energy and oceans.”

Hege Norheim

A presentation of the quarterly results will be held today at 08:30 CET at SpareBank 1 Markets’ office at Olav Vs gate 5, 0161 Oslo. The event will be webcast live and available for replay shortly after. To watch the webcast, please visit our Reports and Presentations page.

The quarterly report and a corresponding slide presentation are available on www.newsweb.no and on our Reports and Presentations page.