Nekkar ASA - norjalainen disruptoija

H1 ulkona, ei niin kovilla odotuksilla omissa arvioissa mutta paremminkin olisi voinut mennä :neutral_face:

https://newsweb.oslobors.no/message/654044

28 August 2025 - Nekkar ASA (Nekkar) delivered revenue of NOK 139 million in the
second quarter, a reduction of 7% from the same quarter in 2024 (150) mainly
driven by lower activity within Syncrolift. EBITDA was NOK -12 million (20),
equivalent to a margin of -9% percent (13%) driven by the above-mentioned
activity in Syncrolift and cost increases in Techano Oceanlift projects. The
balance sheet remains strong with a net cash position of NOK 225 million.

Presis
https://api3.oslo.oslobors.no/v1/newsreader/attachment?messageId=654044&attachmentId=310652

Ja H1-raportti
https://api3.oslo.oslobors.no/v1/newsreader/attachment?messageId=654044&attachmentId=310653

Syncroliftin mukana tulos vielä heiluu, mutta muut toiminnot alkavat pian kantaa isompaa osaa kokonaisuudesta. Synro ei ole hävinnyt kilpailutuksia, mutta eipä niitä ole voitettukaan. Prosessit kestäneet odotettua pidempään. Lisäksi USD-NOK kurssit olleet epäsuotuisat.


Defence -sektorille odotettavissa kysyntää jatkossa, prosessit sielläkin vaan kestää :person_shrugging:

Tender activity in the defence segment remains particularly high, both for new shiplifts and upgrade projects. Geopolitical uncertainty is increasing agility requirements for naval shipyards, which is expected to drive further investment in this area. As Syncrolift is a project-based business, quarterly fluctuations must be expected. However, Nekkar anticipates that defence-related revenues will account for a growing share of the company’s overall revenue streams, driven by Syncrolift.

Yleisnäkymää toiminnoittain


Laitetaan vielä Redeyn pikakommentit jatkoksi

Redeye comments on Nekkar’s Q2 report, that presented mixed figures during a relatively slow period. Techano delivered sales above expectations, driving a top-line beat of 15%. Costs also grew increasingly, missing our profitability expectations with negative EBITDA figures. We expect to make downward adjustments for our near term estimates, while arguing that long term fundamentals remain strong.

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