Aker ASA’s Post

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This morning, we presented our second quarter and half-year results. The Net Asset Value of Aker ASA and holding companies was NOK 63.9 billion at the end of the second quarter 2024, after NOK 1.15 billion of dividends paid, compared to NOK 60.4 billion at the end of the first quarter 2024. The first half of 2024 was a dynamic period with high activity across the portfolio as Aker continued to execute on its strategy, streamline the portfolio and deliver value to shareholders.    During the first half of 2024, Aker paid a dividend of NOK 15.50 per share based on the 2023 annual accounts. This represented a total dividend distribution of NOK 1.15 billion to Aker’s shareholders.    Watch the video below for a quick summary of the second quarter and half-year results. More details and a webcast of today's presentation is available on our website www.akerasa.com. Aker BP ASA, Aker Solutions, Cognite, SLB and Aker Carbon Capture Joint Venture, Philly Shipyard, Inc.

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President and CEO i Aker ASA

Today, we closed the second quarter and first-half of 2024. Halfway through the year, I am pleased to report that despite the geopolitical uncertainties, Aker has navigated with resilience and strategic focus. The first half of the year was marked by high activity across the Aker portfolio: Aker BP ASA delivered solid production in the first half and increased its production guidance, Cognite continued to accelerate its positive commercial development with annual recurring revenue (ARR) and monthly active users reaching record-highs, and Aker Solutions posted improved financial results for the period. We announced several important transactions and strategic partnerships during the period, demonstrating our more focused approach in creating shareholder value, as previously announced. Some of the main developments in the period included the completion of the refinancing of Solstad and establishment of Solstad Maritime, crystallizing value through the formation of a global carbon capture player in a JV between Aker Carbon Capture and SLB and realizing value through the agreement to sell Philly Shipyard to Hanwha, with expected closing in the fourth quarter. In conclusion, I am pleased with the progress Aker has made in the first half of 2024. We continue to make strides in our ambition of a more focused and concentrated Aker through strong partnerships and continued innovation. We are in a strong position with a robust portfolio ready to adapt to new opportunities and a solid industrial foundation for long-term growth. Below is a short video summery of the Q2 and first-half results. For more details, visit https://lnkd.in/d5tzuNuN #results Aker ASA

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