Soiltech ASA (OSE: STECH)
Sandnes, Norway, 12 May 2026
SOILTECH DELIVERS STRONG RESULTS IN THE QUARTER. PLACING EQUIPMENT ORDERS FOR MORE THAN NOK 100 MILLION
Soiltech reports strong Q1 results with revenue of NOK 100 million, a 17% increase year-over-year. EBITDA adj. was NOK 25 million, an increase of 36% year-over-year, while profit before tax was NOK 10 million, an increase of 42% year-over-year.
First Quarter Highlights
- Revenues of 100 million, +17% year on year (YoY)
- EBITDA adj. of NOK 25 million, +36% YoY
- EBITDA adj. margin of 25%, up from 21% YoY
- Profit before tax of NOK 10 million, up from NOK 7 million YoY
- Profit before tax margin 10%, up from 8% YoY
“Soiltech delivered a solid quarter with strong profitability, driven by strong operational performance and high activity across the contract portfolio. We have started 2026 in a good way, securing several new contracts, including a two-year extension of the Equinor frame agreement. Market visibility remains strong. In 2026, we have already ordered new equipment for more than NOK 100 million, and strengthened our business development and sales team, to capture new growth opportunities,” says Soiltech CEO Jan Erik Tveteraas.
Chief Executive Officer Jan Erik Tveteraas and Chief Financial Officer Tove Vestlie will be hosting a webcast and Q&A session at 11:30 am today to discuss the results.
Please use the following link to sign up for the webcast: (Presentation is attached)
Expected duration: 30 minutes incl. Q&A.
About Soiltech:
Soiltech is an innovative technology company specializing in the treatment, recycling and sustainable handling of contaminated water and solid waste on site. Our technologies enable cost savings and lower CO2 emissions through waste reduction, waste recovery and reuse. Soiltech operates world-wide and is headquartered in Norway.
This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act.
For more information, contact:
Contact:
Tove Vestlie, CFO, email: IR@soiltech.no
Jan Erik Tveteraas, CEO
