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 and gas sectors. The group has offices in 44 countries worldwide and operates under four main brands: ABL, OWC, Longitude and AGR.
The shares in ABL Group ASA will be traded ex-dividend NOK 0.45 as of today, 3 November 2025.
This information is subject to disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act and requirements under the EU Market Abuse Regulation.
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 and gas sectors. The group has offices in 44 countries worldwide and operates under four main brands: ABL, OWC, Longitude and AGR.
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.”
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.
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 and gas sectors. The group has offices in 44 countries worldwide and operates under four main brands: ABL, OWC, Longitude and AGR.
ABL Group ASA (“ABL Group”) will release its third quarter results on Thursday, 30 October 2025, at approximately 06:00 Central European Time (CET).
A presentation of the quarterly results will be held on the same day 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.
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 and gas sectors. The group has offices in 44 countries worldwide and operates under four main brands: ABL, OWC, Longitude and AGR.
Energy and marine consultancy ABL, a subsidiary of ABL Group ASA, has been awarded a sizeable* contract by EasternGreen Link 2 (EGL2), to provide marine warranty survey services to support the installation of the 2 GW Eastern Green Link 2 link between Scotland and England.
Eastern Green Link 2 (EGL2) is a major UK energy infrastructure project, which involves the installation of a 505-kilometre electricity superhighway to enable the simultaneous transfer of power between Peterhead, Aberdeenshire, and Drax, North Yorkshire.
“This appointment reflects ABL’s reputation as a trusted MWS partner for major power transmission infrastructure development and reinforces our position at the forefront of supporting the UK’s energy transition. We look forward to contributing to this strategic initiative,” says Hege Norheim, CEO of ABL Group ASA.
ABL’s scope of work includes the technical review and approval of project and procedural documentation, the provision of suitability surveys of the fleet proposed for marine transportation and installation operations, and DP assurance where required. The company will also review and approve all warranted operations with on-site attendances.
Cable laying operations are expected to take place between January and September 2028.
*ABL Group defines a sizeable contract as between USD 1 and 3 million in expected value.
Find out more about ABL’s expertise in Marine Warranty Survey (MWS) or contact our Aberdeen operations to discuss your local project and our support:
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 and gas sectors. The group has offices in 44 countries worldwide and operates under four main brands: ABL, OWC, Longitude and AGR.
As part of Norheim’s remuneration package, she has been awarded an option to purchase up to 1.5 million shares at a strike price of NOK 9.10, equal to the 10-day average VWAP prior to day of announcement of the new CEO. The options are vesting over 3 years (500,000 shares per year, first 500,000 shares in September 2026 and the last 500,000 shares in September 2028) and must be exercised within 5 years. The vesting of option shares is dependent on Norheim’s continued employment as CEO.
Oslo Bors-listed global consultancy, ABL Group, today marks the official start of Hege Marie Norheim as Chief Executive Officer. A seasoned leader with more than 30 years’ experience across energy, renewables and technology, Hege brings a strong track record in transformation and growth.
Her appointment signals the next phase in ABL Group’s journey since its inception in 2020 with the coming together of AqualisBraemar and LOC, to consolidate its market position as a leading consultancy, marine and engineering partner in energy and oceans.
Under Norheim’s leadership, the Group will continue to drive its strategic expansion via organic and inorganic growth. Norheim will also reinforce the Group’s focus on operational excellence, innovation and sustainable growth, delivering value for clients and opportunities for colleagues worldwide.
“With every market challenge comes fresh opportunity. Today’s climate is an exciting moment for ABL Group to leverage our multidisciplinary expertise and our legacy as a pioneer in energy and oceans, helping clients navigate market fluctuations with confidence. I’m excited to build on our strong foundation to shape the future of energy and oceans.”
Hege Marie Norheim, ABL Group CEO
Congratulations to Norheim in her new role.
For more information about ABL Group, visit abl-group.com.
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 and gas sectors. The group has offices in 44 countries worldwide and operates under four main brands: ABL, OWC, Longitude and AGR.
Reference is made to the stock exchange release by ABL Group ASA (“ABL Group” or the “Company”) published on 9 September 2025 regarding a share capital increase following the exercise of share options.
The issuance of 2,332,500 new shares has been registered with the Norwegian Register of Business Enterprises. Following registration, the share capital of ABL Group is NOK 13,342,536.70 divided into 133,425,367 shares, each share having a par value of NOK 0.1.
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 and gas sectors. The group has offices in 44 countries worldwide and operates under four main brands: ABL, OWC, Longitude and AGR.
The CEO of ABL Group ASA, Reuben Segal, will be presenting at the Pareto Securities’ Energy Conference at 11:15 CET today. The presentation used is attached here and can be found on our Reports and Presentations page.
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 and gas sectors. The group has offices in 44 countries worldwide and operates under four main brands: ABL, OWC, Longitude and AGR.
ABL Group ASA (the Company) has been notified of the following transactions by primary insiders:
Gross Management AS, controlled by Chairman of the Board Glen Ole Rødland, has purchased 300,000 shares at NOK 8.60 per share. Following the share purchase, Gross Management AS holds 15,567,351 shares in the Company.
Bjørn Stray, observer to the Board of Directors, has purchased 150,000 shares at NOK 8.60 per share. Following the share purchase, Mr Stray holds 6,518,743 shares in the Company.
Katherine Phillips, Chief Transformation Officer, has purchased 15,000 shares at NOK 8.60 per share. Following the share purchase, Ms Phillips holds 15,000 shares in the Company.
RV Ahilan, Chief Energy Transition Officer, has sold 100,000 shares at NOK 8.60 per share and purchased 150,000 shares at NOK 8,60 per share (through investment account in Hargreaves Lansdown (UK)). Following the share purchase, Mr Ahilan holds 1,037,705 shares in the Company.
Please see attached primary insider notification forms pursuant to the requirements of the Market Abuse Regulation.
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 and gas sectors. The group has offices in 44 countries worldwide and operates under four main brands: ABL, OWC, Longitude and AGR.
Oslo, Norway, 9 September 2025: Reference is made to the stock exchange notice issued by ABL Group ASA (“ABL Group” or the “Company”) on 21 August 2025 regarding potential exercise of employee share options as part of the Company’s previous long-term incentive plan (“LTIP”).
Participants in ABL Group’s share option program have, on 9 September 2025, exercised a total of 2,332,500 options issued as part of the LTIP 2020 program at an exercise price of NOK 4.68.
Each option gives the right to receive one share in the Company. For more information on the LTIP and outstanding share options, please see the Company’s Annual Report as well as the notice to the Annual General Meeting 2025.
Following the exercise, the Board of Directors, pursuant to authorisation granted at the Company’s Annual General Meeting, has decided to increase the Company’s share capital by NOK 233,250.00 by issuing 2,332,500 new shares of par value NOK 0.1. Subsequent to the transaction, ABL Group’s share capital will be NOK 13,342,536.70 divided into 133,425,367 shares, each share having a par value of NOK 0.1 and carrying one vote in the Company’s general meeting.
The following options are exercised by primary insiders:
100,000 options are exercised by RV Ahilan, Chief Energy Transition Officer. Following the transaction, Ahilan will own 987,705 shares in the Company.
Ahilan and certain other option holders have transferred their rights to receive shares resulting from the exercised options to a third party. Following a sale of shares, these option holders will receive the net proceeds after deduction of the exercise price and accrued tax. The sales amount will be finally determined on the basis of the price subsequently obtained by the third party in the market. The results of the sales process for primary insiders will be announced in a separate stock exchange notice when known.
Please see attached primary insider notification form pursuant to the requirements of the Market Abuse Regulation. This information is subject to the disclosure requirements pursuant to MAR Article 19 and Section 5-12 of the Norwegian Securities Trading Act.
After the exercise, the following employee share options remain outstanding from the Company’s previous incentive plan:
740,000 vested share options expiring 11 April 2026, with exercise price NOK 10.69.
For more information about the Company’s current employee incentive programs, please refer to the Company’s remuneration report or the stock exchange notice issued by the Company on 8 May 2025.
