Moreld Reports Q3 Revenue of NOK 2.2 Billion, Raises 2026 EBITDA Guidance
Moreld reported adjusted EBITDA of NOK 376 million, a 17% margin, for Q3 2026. It raised full-year EBITDA guidance to NOK 0.85–1.0 billion, citing improved visibility and a solid backlog.
Moreld ASA delivered a strong third quarter in 2026, reporting revenues of NOK 2.2 billion and an adjusted EBITDA of NOK 376 million, representing a 17% margin. The performance was primarily driven by high vessel utilization and strong project execution within the Ocean Installer business. Due to improved visibility for the remainder of the year and a solid backlog, the company raised its full-year 2026 EBITDA guidance to a range of NOK 0.85-1.0 billion. Management noted that the organization continues to adjust its cost base to current activity levels while pursuing new project opportunities across core and adjacent markets.