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Scana ASA: Third quarter results 2026 - Resilient profitability in a challenging market

SCANARegulatory press release12.11.2026 klo 09.00
Read the release
Bergen, 12 November 2026: Scana delivered resilient profitability in the third
quarter, despite lower activity levels. The results reflect continued cost
discipline and solid operational performance.

Q3 2026 Financial Highlights

- Revenue NOK 347 million
- EBITDA NOK 43 million
- EBITDA margin 12 %
- Order intake NOK 320 million
- Order backlog NOK 1019 million

Offshore delivered stable profitability despite lower revenues in the third
quarter, supported by good operational performance across the division. The
market continued to develop at a slower pace than expected.

Energy maintained a disciplined cost base and stable activity during the
quarter. Market activity continued to be characterized by long decision-making
processes and postponed project decisions, while the project pipeline remains
strong across several market segments. Following the end of the quarter, the
division secured a very large framework agreement as system integrator for an
energy management system to Tydal Data Center AS. The agreement underpins the
potential for realisation of projects in the pipeline.

Q3 Presentation
Scana's Q3 2026 results will be presented today at 10:00 CET by CEO Baste Tveito
and CFO Morten Riiser, followed by a live Q&A session.

The webcast presentation can be viewed at this link:
https://ir.scana.no/events/6a8a043aa7abe2ac9adacdbb

The presentation will be available for replay shortly afterward on Scana's
website, www.scana.no.

Attached to this stock exchange notice is the report for the third quarter.

This information is considered to be inside information pursuant to the EU
Market Abuse Regulation and is subject to the disclosure requirements pursuant
to Section 5-12 of the Norwegian Securities Trading Act. This stock exchange
announcement was published by Stian Vikebø, General Counsel at Scana ASA, on 12
November 2026 at 08:00 CEST.

For more information, please contact:

Baste Tveito, CEO, Scana ASA, +47 916 69 641

Scana in brief
Scana is an active industrial owner of technology and services to both the
energy and offshore industries. With an industrial history dating back to the
early 1900s, Scana has evolved to become a leader in technology and innovation.
This journey has provided a unique position to shape solutions for tomorrow,
driven by extensive industrial experience combined with quality and value
creation. Scana is headquartered in Bergen and has around 500 employees.
www.scana.no
s headquartered in Bergen and has around 500 employees.\
www.scana.no\