Oslo, 25 February 2026: Höegh Autoliners ("Höegh Autoliners" or the "Company",
ticker code: HAUTO) reported solid financial performance in the fourth quarter
of 2025. The gross revenue was USD 358 million/NOK 3,619 million, operating
profit (EBITDA) was USD 145 million/NOK 1,465 million, and net profit after tax
was USD 104 million/NOK 1,056 million.
Highlights of the quarter
o EBITDA of USD 145 million and net profit after tax of USD 105 million
o Strong demand from contract clients, contract share up +4% from Q3 to 84%
o USTR port fees suspended by one year from 10 November 2025
o Q3 2025 dividend of USD 30 million paid in November
o The seventh Aurora Class vessel, Höegh Starlight, delivered from the yard in
December
o A dividend for Q4 2025 of USD 99 million (USD 0.519 per share) declared and
will be paid in March 2026
Andreas Enger, CEO of Höegh Autoliners, comments: "Höegh Autoliners delivered
another strong year despite a complex and volatile operating environment"
Outlook
The demand for ocean transportation and car carriers remains strong, supported
by increasing demand from Asia. No return to Red Sea transit is planned for the
near future.
Q1 2026 EBITDA is expected slightly above Q4 2025.
Please find attached the Q4 2025 report. The results will also be presented by
CEO Andreas Enger and CFO Espen Stubberud at 08:30 CET today. The presentation
will be held in English, and a recorded version of the webcast will be made
available on our website soon after the webcast ends.
Link to watch the webcast:
https://www.hoeghautoliners.com/investors/reports-and-other-resources/webcasts-a
nd-videos
For further information, please contact:
Andreas Enger, CEO
andreas.enger@hoegh.com
+47 901 31 228
Espen Stubberud, CFO
espen.stubberud@hoegh.com
+47 400 39 753
My Linh Vu, Head of Finance, Treasury and IR
my.linh.vu@hoegh.com
ir@hoegh.com
+47 486 48 086
Media contact:
Camilla Knappskog, Head of Communications
camilla.knappskog@hoegh.com
+47 926 66 156
About Höegh Autoliners
Höegh Autoliners is a leading global provider of RoRo (Roll On Roll Off)
transportation services delivering cars, high and heavy and breakbulk cargoes
across the world. The Company operates around 40 RoRo vessels in global trade
systems and makes more than 2 000 port calls each year. Our purpose is to
develop innovative solutions for greener and more sustainable deep sea
transportation. We are on a path to a zero emissions future and are working
closely with customers and partners to achieve this. Höegh Autoliners has its
head office in Oslo, Norway and employs around 460 people in its 16 offices
worldwide and around 1 200 seafarers.
This statement contains certain forward-looking statements concerning future
events. Forward-looking statements are statements that are not historical facts
and may be identified by words such as "anticipate", "believe", "continue",
"estimate", "expect", "intends", "may", "should", "will" and similar
expressions. The forward-looking statements in this release are based upon
various assumptions, many of which are based, in turn, upon further assumptions.
Although the Company believes that these assumptions were reasonable when made,
these assumptions are inherently subject to significant known and unknown risks,
uncertainties, contingencies, and other important factors which are difficult or
impossible to predict and are beyond its control. Actual events may differ
significantly from any anticipated development due to a number of factors,
including without limitation, changes in investment levels and need for the
Company's services, changes in the general economic, political and market
conditions in the markets in which the Company operates, the Company's ability
to attract, retain and motivate qualified personnel, changes in the Company's
ability to engage in commercially acceptable acquisitions and strategic
investments, and changes in laws and regulation and the potential impact of
legal proceedings and actions. Such risks, uncertainties, contingencies and
other important factors include, but are not limited to, the possibility that we
will determine not to, or be unable to, issue any equity securities, and could
cause actual events to differ materially from the expectations expressed or
implied in this release by such forward-looking statements.
This information is subject to the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.