DOF Group ASA Shares Q3 2025 Financial Report

Wednesday, November 5, 2025

DOF Group ASA's revenue for 3rd quarter totals USD 501 million and EBITDA totals USD 205 million. The operating profit (EBIT) is USD 138 million. Net financial cost amounts to USD -1 million, including unrealized currency gain of USD 20 million. 

The result after taxes is USD 107 million. The Group’s net interest-bearing debt is USD 1,332 million. The equity is USD 1,978 million giving an equity ratio of 46%.

Key Highlights in the 3rd quarter:

  • The Group delivered EBITDA of USD 205 million, including gain on sale of two vessels of USD 12 million
  • Utilization of 87% 
  • The NIBD/LTM EBITDA is 1.9x 
  • Quarterly dividend payment in November 2025 increased to USD 0.35 per share
  • Firm backlog by end September is USD 4.7 billion.
Categories: Safety & Security Software Drilling Hardware Industry News Activity Financials People And Company News Profit FPSO Deepwater Shallow Water

Related Stories

Shell, Equinor Form ‘Largest’ Independent UK North Sea Oil and Gas Producer

Vantage Drilling Reports Q3 2025 Results

UK North Sea Decommissioning Set for Sharp Rise Through 2034

Current News

Van Oord Completes Monopile Installation at Windanker

Australian Union Members Back Pluto LNG 2 Strike

Survey shows that oil companies in Norway will drill 18% less exploration wells by 2026.

Cadeler’s WTIV Newbuild En Route to Europe for Maiden Offshore Wind Job

Subscribe for OE Digital E‑News