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2025

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20 August 2025

For further information, please contact:

Investors and financial media

Stuart Jackson, CFO, ABL Group ASA
Telephone: +971 4 3793612

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: Q2 2025 financial results

20 August 2025 – ABL Group’s 2025 second quarter results

HIGHLIGHTS Q2 2025

  • Revenues of USD 96.1 million (Q2 24: USD 68.6 million)
  • Operating profit of USD 2.5 million (Q2 24: USD 2.2 million)
  • Adjusted EBIT of USD 3.5 million (Q2 24: USD 2.8 million)
  • Net cash of USD 1.0 million (Q1 25: USD 3.5 million)
  • Acquisition of Techconsult completed in April
  • Semi-annual dividend of NOK 0.45 per share paid in June





Reuben Segal, CEO of ABL Group ASA (“ABL Group” or the “Company”) commented: 





“In the first half of 2025, we continued to execute on our strategy to build a diversified and resilient consultancy business serving the Energy and Oceans markets. The integration of Proper Marine and Techconsult is progressing well, strengthening our capabilities in primary design and resourcing, and driving the strong year-on-year revenue growth of 40% in Q2 2025.





Our adjusted EBIT was 25% higher than Q2 2024, reflecting solid performance across the group and the successful integration of recent acquisitions, even as we absorb structurally lower-margin businesses such as Ross Offshore and Techconsult. Our cost and efficiency plan, originating with the OWC business, has been expanded in other parts of the business and continues throughout the second half of 2025 as we continue to seek operational efficiency and margin improvement.





We remain positive about the market outlook despite current volatility. Offshore oil & gas and maritime activity are expected to remain stable through 2025, with ABL maintaining a strong position in a relatively steady maritime market. Geopolitical uncertainty continues to delay investment decisions in the renewables sector, but tendering activity is picking up. OWC is also diversifying its market exposure, with onshore wind, solar, and energy storage now making up 20% of hours billed in Q2 2025.”





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 ABL Group’s website, www.abl-group.com.





The quarterly report and a corresponding slide presentation is available on www.newsweb.no and on ABL Group’s web site, www.abl-group.com.