# Release.pdf

- Press release: DOF Group ASA - Financial Report for 2nd quarter 2026 (2026-08-19)
- Original: https://api3.oslo.oslobors.no/v1/newsreader/attachment?messageId=680146&attachmentId=331417
- Local copy: discarded after extraction (re-fetchable from Original)

**TL;DR —** DOF Group ASA reported a strong Q2 2026 with significant revenue and EBITDA growth, driven by an insurance settlement, and declared a dividend of $0.38 per share.

## Takeaways
- Revenue for Q2 2026 increased to $712 million from $507 million in Q2 2025.
- EBITDA reached $358 million, up from $214 million, with $238 million before a $110 million insurance settlement on Skandi Amazonas.
- Net interest-bearing debt (NIBD) stood at $1,474 million, resulting in a NIBD/LTM EBITDA ratio of 1.8x.
- The company maintained an 88% vessel utilization rate.
- Firm backlog by end of June was $6.7 billion, increasing to $7.2 billion including post-balance sheet contracts.
- A dividend of $0.38 per share was declared for the quarter.

*Generated 2026-09-25 via google/gemini-2.5-flash*