Borgestad ASA: Interim financial report for third quarter 2026 and NOK 1.50 dividend distribution
Highlights
- In Q3 2026, Borgestad Group delivered a result before tax of MNOK 48.1, compared to MNOK 47.0 in Q3 2025.
- Höganäs Borgestad delivered a stronger Q3'26 result compared to the corresponding period in 2025, reporting revenues of MNOK 354.1 and an EBIT of MNOK 56.3, versus MNOK 333.3 and MNOK 49.6, respectively, in Q3'25.
- Agora Bytom delivered a solid performance in Q3 2026, with EBITDA increasing to NOK 10.8 million from NOK 10.3 million in Q3 2025, despite a negative currency effect of 5.2% compared with the corresponding period.
- Borgestad ASA will distribute an extraordinary dividend of NOK 1.50 per share, payable on or about November 6, 2026. For Norwegian tax purposes, the distribution shall be in the form of repayment of paid-in equity. Borgestad ASA's report for the third quarter of 2026 is attached hereto.
Distribution to shareholders Today, the board of directors of Borgestad ASA has, based on the authorization granted by the annual general meeting held on 22 May 2026, resolved to distribute a dividend of NOK 1.50 per share based on the annual accounts for 2025. The dividend is expected to be paid on or about 6 November 2026. For Norwegian tax purposes, the distribution shall be in the form of repayment of paid-in equity.
For further information, please contact: Pål Feen Larsen, CEO of Borgestad ASA Tel.: +47 48 84 53 33
This information is subject to the disclosure requirements pursuant to the Norwegian Securities Trading Act section 5-12.
About Borgestad| www.borgestad.no Borgestad ASA (OSE:BOR) is an investment company focused on real estate and industry. The key investments include Agora Bytom shopping center and the leading refractory manufacturer Höganäs Borgestad.
About Höganäs Borgestad | www.hoganasborgestad.com Höganäs Borgestad develops, manufactures and delivers refractory products, installations and turnkey solutions that enhance the productivity and competitiveness of industrial customers. The aim is to contribute to the customers' profitability by providing high-value refractory solutions to their challenges. Today, the company is a leading supplier in the refractory market of the Nordic countries and has a global presence in a number of selected application areas.