DOF Group ASA Shares Financial Report for Q2 2025

Wednesday, August 20, 2025

DOF Group ASA's revenue for 2nd quarter (management reporting) totals USD 507 million (USD 361 million) and EBITDA totals USD 214 million (USD 122 million). 

The operating profit (EBIT) is USD 150 million (USD 111 million). 

Net financial gain amount to USD 10 million (USD -91 million) including unrealized currency gain of USD 37 million (loss USD -62 million). 

The result after taxes is USD 136 million (USD 6 million). 

The Group’s net interest-bearing debt is USD 1,368 million (USD 1,286 million). The equity is USD 1,942 million (USD 1,045 million) giving an equity ratio of 46% (35%).

Key highlights in Q2

  • The Group delivered EBITDA of USD 214 million (USD 122 million) including USD 5 million insurance settlement
  • Utilization of 88% (89%)
  • The NIBD/LTM EBITDA is 2.1x 
  • Quarterly dividend payment in September 2025 of USD 0.3 per share
  • Firm backlog by end June is USD 3.7 billion (USD 2.6 billion)

A webcast, followed by a Q&A session, will be available on Wednesday, August 20, 2025, at 14:00 CEST on www.dof.com/webcast.

Categories: Inspection & Repair & Maintenance FPSO Deepwater Industry News Activity Oil and Gas Financials

Related Stories

MISC, PTSC Extend Ruby II FPSO Operations Offshore Vietnam

TGS Embarks on Multi-Client 2D Survey off Angola

Aquaterra Energy Gets Multi-Year Well Intervention Job off Spain

Current News

Ndungu Full-Field Starts Up Offshore Angola

Norway's 2025 Oil Output Climbs to Highest Level Since 2009

AKOFS Offshore Inks New Vessel Deal with Petrobras

UK Trade Body Challenges Government View on North Sea Gas Decline

Subscribe for OE Digital E‑News