Integrated Wind Solutions Q4 2025: Record net profit and first dividend

25 Feb 2026 07:05 CET

Integrated Wind Solutions ASA (“IWS”) has today published its Q4 2025 Financial
Report and Presentation.

HIGHLIGHTS - RECORD NET PROFIT AND FIRST DIVIDEND

•Total revenue of EUR 28.5m for Q4, an 18% increase from Q3 and a 33% increase
compared with Q4 2024.
•Group EBITDA of EUR 10.8m for Q4, a 24% increase from Q3 and a 55% increase
from Q4 2024. The high year-over-year EBITDA growth was driven by IWS Fleet.
•Group net profit was EUR 7.8m for Q4, a 24% increase from Q3 and a 34% increase
from Q4 2024.
•Earnings per share was EUR 0.14 in Q4, a 17% increase from Q3.
•A cash dividend of NOK 3.00 per share has been declared for payment in Q1,
consisting of an ordinary quarterly dividend of NOK 1.00 per share and an
extraordinary dividend of NOK 2.00 per share. The Board of Directors has
approved a dividend policy that can be found on the Company’s website.
•IWS Fleet revenue of EUR 22.3m in Q4, versus EUR 17.2m in Q3 2025 and EUR 12.1m
in Q4 2024. IWS Sunwalker, the final vessel in the newbuilding program, entered
operation on 7 December. Thereafter, all six vessels were in operation by the
end of Q4 2025, with three on charter to Dogger Bank and three to Siemens
Gamesa.
•IWS Fleet has signed a two-year extension through 2029 for its current
strategic agreement for the European region, with options to extend to 2032. The
backlog was EUR 152m at the end of Q4, an increase of 50.5% from Q3.
•IWS Services has merged its subsidiary, ProCon, with Hyndla, creating a premier
integrated partner in the global offshore wind supply chain. The merged business
has signed new contracts totalling more than EUR 20m so far in Q1, compared with
a backlog of 17m at the end of Q4.

Lars-Henrik Røren, CEO, commented: “IWS reports another strong quarter with a
record net profit. The declared cash dividend of NOK 3.00 per share marks a
significant milestone for IWS by returning cash to our supportive shareholders.
Furthermore, IWS Fleet continues to deliver strong performance for our clients,
with 100% commercial uptime, generating solid earnings for the owners. In IWS
Services, the completed merger of ProCon with Hyndla and strong backlog growth
in Q1 give us confidence in the outlook for the second half of the year and
onwards. Overall, another solid quarter for IWS.”


For investor relations queries, please contact

Marius Magelie
Group CFO Integrated Wind Solutions
Phone: +47 920 27 419
E-mail: mm@integratedwind.com


For press queries, please contact

Lars-Henrik Røren
CEO Integrated Wind Solutions
Phone: +47 98 22 85 06
E-mail: lhr@integratedwind.com


About IWS:
Integrated Wind Solutions ASA offers a fleet of state-of-the-art service vessels
to the offshore wind industry, combined with a suite of adhering services. The
Company owns approximately 75% of IWS Fleet, which owns six Commissioning
Service Operation Vessels. Furthermore, IWS owns the offshore wind supply-chain
service company, IWS Services A/S, and a 49% shareholding in the independent
advisor, consultancy, data intelligence, and wind farm operator PEAK Wind Group.

Integrated Wind Solutions ASA is listed on Euronext Oslo Børs under the ticker
“IWS”.

This information is subject to the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.

More information:
Access the news on Oslo Bors NewsWeb site

666653_Integrated Wind Solutions ASA Q4 2025 Financial Report.pdf
666653_Integrated Wind Solutions ASA Q4 2025 Presentation.pdf