General Oceans adjusted EBITA margin rises to ~22% in Q2 FY26; revenue increases 22% to NOK 385 million vs Q2 FY25

• General Oceans posted Q2 2026 revenue of NOK 385 million, up 22% from Q2 2025.
• Gross profit rose to NOK 269 million, lifting gross margin to 70%.
• Adjusted EBITA margin came in at about 22%, above the group’s 20% long-term target.
• Order backlog totaled NOK 548 million at June 30, with NOK 426 million due for delivery this financial year.
• MRV acquisition closed, consolidated from April 9; defense revenue growth continued on strong global defense markets, management said.

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