General Oceans ASA (OSL:GENO)
Norway · Delayed Price · Currency is NOK 15.84
-1.16 (-6.82%)
At close: Nov 13, 2026
General Oceans ASA Earnings Call Transcripts
Fiscal Year 2026
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Q3 growth in defense and Robotics helped offset marine construction and Sensors weakness. FY2026 revenue guidance fell to NOK 1.4bn due to FX, while volume plans remained on budget.
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Q2 2026 saw 22% revenue growth to NOK 385 million and 18% higher adjusted EBITDA, driven by strong defense and robotics performance. The group remains on track for its NOK 1.5 billion annual target, with a solid backlog and cash position supporting future growth.
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Q1 2026 saw revenue of NOK 327 million and a gross margin of 67%, with strong Robotics growth offsetting a decline in Sensors. IPO proceeds boosted cash to NOK 840 million, all debt was repaid, and full-year guidance of NOK 1.5 billion revenue is maintained.