# DOF_Group_ASA_Financial_Report_Q2_2026.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=331421
- Local copy: discarded after extraction (re-fetchable from Original)

**TL;DR —** DOF Group ASA reported a strong Q2 2026 with significant EBITDA growth driven by an insurance settlement and increased activity, alongside a substantial increase in backlog and a declared dividend.

## Takeaways
- **EBITDA:** $358 million, up from $214 million in Q2 2025, with $238 million before a $110 million insurance settlement for Skandi Amazonas.
- **Operating Revenue:** $712 million, a significant increase from $507 million in Q2 2025.
- **Backlog:** Firm backlog reached $6.7 billion by end-June, up from $3.7 billion, and $7.2 billion including contracts after the balance date.
- **Dividend:** $0.38 per share declared for the quarter.
- **Net Interest Bearing Debt (NIBD)/LTM EBITDA:** 1.8x, indicating healthy leverage.
- **Vessel Utilization:** Maintained at 88% (88% in Q2 2025).

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