Aker ASA ( (AKAAF) ) just unveiled an update.
Aker ASA reported its Net Asset Value (NAV) at NOK 58.2 billion at the end of Q4 2024, reflecting a rise from the previous quarter. The company distributed NOK 3.8 billion in dividends in 2024, and the Board proposes a cash dividend of NOK 26.50 per share for 2024. Despite a complex macroeconomic environment, Aker’s portfolio companies performed strongly, with significant transactions and dividends, aligning with the company’s strategy of focused, cash-generative investments. Aker BP, a key portfolio company, demonstrated strong production performance and is set for future growth with initiatives in digitalization and low-emissions production.
More about Aker ASA
Aker ASA is a Norwegian industrial investment company involved in various sectors including oil and gas, renewable energy, and maritime assets. The company focuses on maintaining a streamlined and focused portfolio and leveraging its industrial and financial strengths to seize opportunities in a changing global market.
YTD Price Performance: 5.48%
Average Trading Volume: 126
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $3.97B
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