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ABL Group ASA: Invitation to presentation of Q1 2025 results

ABL Group ASA (“ABL Group”) will release its first-quarter results on Wednesday, 7 May 2025, at approximately 06:00 Central European Time (CET).

A presentation of the quarterly results will be held 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.

The webcast can be viewed at ABL Group’s website, www.abl-group.com, or directly at https://channel.royalcast.com/landingpage/hegnarmedia/20250507_1/

If you would like to attend the event in person, please notify SpareBank 1 Markets at corporateaccess@sb1markets.no.

The earnings release concerning the quarterly results and a corresponding slide presentation will be posted on www.newsweb.no and on ABL Group’s website, www.abl-group.com.

ABL GROUP ASA: Notice of Annual General Meeting 2025

The Annual General Meeting of ABL Group ASA (the “Company”) will be held on 28 May 2025 at 13:00 CET at the Company’s offices, Karenslyst Alle 4, 0278 OSLO.

Shareholders are recommended to exercise their shareholder rights through advance votes by electronic communication via VPS Investor Services or to vote by proxy prior to the meeting. The notice, including attendance, proxy and advance voting forms, will be mailed to all shareholders with a known address. The complete notice, including the recommendation from the Nomination Committee, is attached to this notification and will also be available at the Company’s corporate website www.abl-group.com.

ABL Group ASA: Annual Report 2024

ABL Group ASA’s Annual Report 2024 is attached and can be downloaded from www.newsweb.no and www.abl-group.com.

The Annual Report 2024 is also available in the European Single Electronic Format (ESEF).

ABL Group ASA: Mandatory notification of trade

ABL Group ASA (the Company) has been notified of the following transactions by closely associated legal person to primary insider and CEO, AmAn Marine Ltd, controlled by Reuben Segal.

AmAn Marine Ltd has purchased 50,000 shares at average price of NOK 9.19 per share. Following the share purchase, AmAn Marine Ltd holds 2,053,003 shares in the Company.

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.

ABL Group ASA: Acquisition of Techconsult completed

ABL Group has successfully completed the acquisition of 100 percent of the shares of Norway-based engineering and technical resourcing consultancy Techconsult, thereby creating one of the largest technical staffing providers in Norway and the North Sea.

Please refer to the stock exchange announcement dated 12 February 2025 for further details about Techconsult and the transaction.

Techconsult will now join ABL Group’s energy and software consultancy branch AGR and merge with its existing resource consultancy.

ABL Group expands Baltic Sea operations with new branch in Gdańsk

ABL Group, the global energy, marine and engineering consultancy group, strengthens its operations in the Baltic Sea and Poland with the opening of a new branch in Gdańsk, Poland.

The strategic expansion reinforces ABL Group’s commitment to supporting Poland’s marine and energy sectors, as well as enhancing local capacity to support the wider Baltic Sea region.

This in-country expansion builds on ABL Group’s established presence in Warsaw through its renewable energy consultancy arm, OWC. It also adds to the group’s regional operations in Denmark and Hamburg, Germany.

The new office in Gdańsk will act as a hub for delivering a wide range of expert services spanning marine, energy, engineering and software. It will offer a platform in particular, for the group’s offering in advisory services, ports and harbours consulting, design and engineering, marine assurance and risk, marine warranty survey and asset integrity management.  

Poland is poised to become a major player in offshore wind, with ambitious targets and a growing pipeline of projects. ABL Group, via its energy and marine consultancy ABL and renewable energy consultancy OWC, has been actively involved in Poland and the wider Baltic Sea’s offshore mid-stream and renewable energy development, providing technical and advisory services to developers and investors.

The new office address is: Gdański Inkubator Przedsiębiorczości STARTER (lokal nr 4.25.1), ul. Lęborska 3b, 80-386 Gdańsk, Poland.


ABL Group in Poland

ABL Group has an established presence in the Polish market, via its renewable energy consultancy, OWC, which is present in Warsaw, as well as in the Baltic Sea via our office in Hamburg, Germany. Here is a selection of recent news relating to ABL Group in the Baltic Sea:

  • ABL drafted to support Baltica 2 Offshore Wind Farm in Poland. Read more here.
  • ABL to assess navigational risk for Finland’s first open-sea offshore wind farm. Read more here.
  • OWC Poland featured in the 2024 Global Offshore Wind Report. Read more here.

RV Ahilan becomes King’s College Visiting Professor in Energy Transition

ABL Group is proud to announce that Dr. RV Ahilan, our Chief Energy Transition Officer, has been appointed as a Visiting Professor in Energy & Power Engineering at King’s College London under the prestigious Royal Academy of Engineering’s Visiting Professors Scheme.

With decades of experience across oil & gas, maritime and renewables, Ahilan will share his industry expertise with engineering students, contributing to curriculum development, mentoring, and the growth of innovative approaches to engineering teaching and learning.

In particular, Ahilan will share his expertise in facilitating and accelerating key energy transition technologies such as electrification, renewable hybridisation, emissions reduction, CCUS and green fuels, while addressing climate change adaptation and resilience.

R V Ahilan

“The energy transition is a complex challenge that requires both technical expertise and a deep understanding of societal impacts. I look forward to working with the next generation of engineers to shape a secure and sustainable future.”

Dr RV Ahilan, Chief Energy Transition Officer, ABL Group

The Royal Academy of Engineering’s Visiting Professors Scheme invites experienced professionals into UK academia to enhance engineering education, strengthen industry partnerships and improve graduate employability. Through this initiative, Ahilan will help students to bridge the gap between academic learning and the real-world demands of the energy and maritime industries.

At ABL Group, we are committed to the training and development of the next generation of leaders for a sustainable energy and oceans. By fostering collaboration between higher education and the industries that we serve, we are helping to equip young professionals with the skills required to navigate and drive forward our shared climate goals.


Professional training, development and outreach to support students of science, technology, engineering and mathematical (STEM) subjects, are a key element of our corporate social responsibility (CSR) strategy, and aligns with our promise to drive the social sustainability of our energy and oceans.

Find out more on our STEM outreach and how to work with us:

ABL Group ASA: Key information relating to the proposed cash dividend

Dividend Amount: NOK 0.45 per share

Declared currency: NOK

Last day, including right: 28 May 2025

Ex-date: 30 May 2025

Record date: 2 June 2025

Payment date: On or about 16 June 2025

Date of approval: 28 May 2025

Other information: Special cash dividend, repayment of paid-in capital

The dividend payment is conditioned upon approval by the Annual General Meeting to be held on 28 May 2025.

This information is published in accordance with the requirements of the Continuing Obligations.

ABL Group ASA: Q4 2024 financial results

26 February 2025 – ABL Group’s 2024 fourth-quarter results

HIGHLIGHTS Q4 2024

  • Revenues of USD 85.9 million (Q4 23: USD 67.7 million)
  • Operating profit of USD 2.4 million (Q4 23: USD 3.9 million)
  • Adjusted EBIT of USD 3.1 million (Q4 23: USD 4.5 million)
  • Net cash of USD 4.8 million (Q3 24: USD 7.9 million)
  • Proposing semi-annual dividend of NOK 0.45 per share in H1 2025

HIGHLIGHTS FULL YEAR 2024

  • Revenue of USD 309.6 million (2023: USD 251.2 million)
  • Operating profit of USD 10.4 million (2023: USD 16.5 million)
  • Adjusted EBIT of USD 12.5 million (2023: USD 18.8 million)
  • Total dividend of NOK 0.8 per share paid during 2024
  • Completed acquisition of Ross Offshore and Hidromod

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

“Four value-adding acquisitions in a little over 6 months shows our commitment to growing a material consultancy business serving Energy and Oceans. Hidromod added a new service line to the ABL segment; Ross Offshore drove revenue growth in the quarter as we re-enforced the offering of our AGR segment and added marine operations capabilities; and post-quarter end Proper Marine and Techconsult extended our primary design and resourcing activities in the Longitude and AGR segments.

From an operating perspective, in Q4 2024, our revenue growth came predominantly from the addition of Ross Offshore, but Longitude achieved very strong activity levels. Margins are lower than the same period last year for a combination of reasons. Ross Offshore is a structurally lower-margin business, with the marine operations activity seeing significant revenues at pass-through rates on the vessel before we achieve higher margins on value-added services. Additionally, the continued slowdown in the offshore wind market, added to a weaker oil & gas quarter, has weighed on OWC and ABL in the quarter.  Cost initiatives delivered in the quarter will pull these margins up as we enter 2025.

We remain positive about the outlook and our positioning in our key markets despite the long-term energy transition proving more volatile than many had assumed. Offshore oil & gas and maritime sector activity are expected to remain stable throughout 2025 and our global diversification strategy allows us to neutralise any regional shifts in these markets. In the offshore wind market, geopolitical shifts impact decisions, but we are seeing a higher level of tendering, which is expected to see an improvement in activity levels in the 2nd half of 2025.”

A presentation of the quarterly results will be held today at 08:30 CET at Arctic Securities office at Haakon VIIs 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 are available on www.newsweb.no and on our Reports and Presentations page.

ABL Group ASA: Invitation to presentation of Q4 2024 results

ABL Group ASA (“ABL Group”) will release its fourth-quarter results on Thursday, 26 February 2025, at approximately 06:00 Central European Time (CET).

A presentation of the quarterly results will be held the same day at 08:30 CET at Arctic Securities office at Haakon VIIs gate 5, 0161 Oslo. The event will be webcast live and available for replay shortly after.

The webcast can be viewed via our Reports and Presentations page, or directly at https://my.demio.com/ref/XApJ3Tqg3ODv4bGe

If you would like to attend the event in person, please notify Arctic Securities at events@arctic.com.

The earnings release concerning the quarterly results and a corresponding slide presentation will be posted on www.newsweb.no and on our Reports and Presentations page.