Aker ASA H1 2026 Results
Aker ASA reported a dramatic increase in first‑half 2026 financial performance, driven by gains from its AI infrastructure investment in Nscale and the agreed sale of software firm Cognite to Schneider Electric. Operating income rose to NOK 27.97 billion for the six months ended June 30 2026, up from NOK 4.49 billion in the same period of 2025. Operating profit increased to NOK 22.87 billion, compared with NOK 0.64 billion a year earlier. Profit attributable to shareholders reached NOK 23.9 billion, versus NOK 2.0 billion in H1 2025.
The Cognite transaction is expected to generate cash proceeds of approximately NOK 14.7 billion, which Aker said will reduce its net interest‑bearing debt to close to zero upon completion. The company also disclosed that Nscale, after raising USD 2 billion in capital, has become its second‑largest holding, expanding Aker’s exposure to artificial‑intelligence infrastructure.
A dividend of NOK 29 per share was paid during the period, contributing to a total shareholder return of 53.3 % for the first half of 2026. The group also reported a record net asset value, reflecting the portfolio reshaping and the monetisation of its largest technology investment.