Aker ASA (AKAAF) Q1 2026 Earnings Name Could 8, 2026 3:00 AM EDT
Firm Contributors
Fredrik Berge – Head of Investor Relations
Øyvind Eriksen – President & CEO
Torbjørn Kjus – Chief Economist
Svein Stoknes – Chief Monetary Officer
Presentation
Fredrik Berge
Head of Investor Relations
Good morning, and welcome to Aker’s first quarter outcomes presentation for 2026. My identify is Fredrik Berge, Head of Investor Relations at Aker. I am joined by Aker’s President and CEO, Oyvind Eriksen, who will take you thru the important thing highlights and portfolio developments within the quarter. I am additionally joined as we speak by Torbjorn Kjus, Chief Economist at Aker BP, who will share his views on the power markets. And eventually, Aker’s CFO, Svein Oskar Stoknes, who will take you thru the monetary leads to extra element. After the presentation, we are going to open for questions. You might submit your questions at any time utilizing the chat operate.
And with that, I hand it over to Oyvind Eriksen.
Øyvind Eriksen
President & CEO
Thanks, Fredrik. It is tempting to start out with a enjoyable proven fact that places issues into perspective. After I joined Aker in 2009, our internet asset worth was NOK 18 billion. Right now, we’re reporting a single quarter, 3 months solely, which added NOK 43 billion to our internet asset worth and the Aker share value went up 39% in the identical interval. Two corporations drove the event. Aker BP contributed NOK 15 billion to our internet asset worth and Nscale added NOK 22 billion following our funding within the Collection C capital elevate.
Past record-breaking outcomes, the numbers mirror underlying forces. In power, a structural shift is underway. Geopolitics is not episodic, however a persistent a part of how power is priced. Provide is extra actively managed. Investments has been uneven and the system’s buffer is thinner than it has been for the many years. In synthetic

