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Edge20 Mar 2026
Tetra Pak: The Shape of Innovation
The story of Tetra Pak, the Rausing family, and how a paper tetrahedron gave rise to a company that now delivers almost 180 billion packages a year.
General Oceans
General Oceans (GENO) investor relations material
General Oceans Q4 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q4 2025 earnings summary4 Mar, 2026
Executive summary
Achieved record revenue of NOK 1.3 billion in 2025, up 35.7% year-over-year, driven by strong organic growth and full-year inclusion of RS Aqua.
Adjusted EBITA rose 146.2% to NOK 235.4 million, with margin improvement to 18%.
Net profit increased to NOK 165.1 million from NOK 39.2 million in 2024.
Largest order backlog in company history at NOK 587.2 million, providing strong visibility into 2026.
Strategic investments, leadership changes, and successful integration of acquisitions contributed to performance.
Financial highlights
Total revenue: NOK 1,303.9 million (2024: NOK 960.6 million), up 35.7%.
Gross profit: NOK 844.8 million, gross margin 64.8%.
Adjusted EBITA: NOK 235.4 million (18.1% margin), EBIT: NOK 185.5 million (14.2% margin).
Net profit: NOK 165.1 million (12.7% margin).
Free cash flow: NOK 199.5 million, conversion rate 84.8%.
Equity ratio: 52.3%.
Dividend proposed: NOK 0.12 per share (NOK 19.7 million, 9.7% of net profit).
Outlook and guidance
Positive outlook for the blue economy, with growth in defense, marine infrastructure, and ocean science.
Largest ever sales backlog supports revenue visibility into 2026.
Continued focus on R&D-led organic growth and targeted M&A.
IPO planned for Oslo Stock Exchange in first half of 2026.
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Latest events from General Oceans
Next General Oceans earnings date
Q1 202618 May, 2026
General Oceans
Next General Oceans earnings date
Q1 202618 May, 2026
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