# Viking Supply Ships AB (publ) Interim Report Q1 2026

- Press release: Viking Supply Ships AB (publ) Interim report Q1 2026 (2026-04-30)
- Original: https://storage.mfn.se/1050841c-babb-4364-bb65-54a53547bfb1/viking-supply-ships-ab-publ-interim-report-q1-2026.pdf
- Local copy: discarded after extraction (re-fetchable from Original)

**TL;DR —** Viking Supply Ships reported a strong Q1 2026 with significant revenue and profit growth, driven by a robust North Sea AHTS market and the strategic acquisition of an additional Ice Class vessel.

## Takeaways
- **Net Sales:** Increased by 70.7% to MSEK 251 in Q1 2026 from MSEK 147 in Q1 2025.
- **EBITDA:** Rose by 97.4% to MSEK 75 in Q1 2026 from MSEK 38 in Q1 2025.
- **Profit After Tax:** Swung to a profit of MSEK 29 in Q1 2026 from a loss of MSEK -24 in Q1 2025.
- **AHTS Market Rates:** Average global AHTS fixture rates reached USD 120,000/day in Q1 2026, a 180% increase from Q1 2025, with a high of USD 300,000/day.
- **Fleet Expansion:** Acquired the AHTS Ice Class 1A vessel "Maersk Maker" (renamed Tor Viking) in March 2026, expanding the fleet to eight AHTS vessels, including six Ice Class vessels.
- **Credit Facility:** Increased the revolving credit facility by MUSD 61.0 to a total of MSEK 1,390 (MUSD 146.0), with MSEK 462 (MUSD 48.5) unutilized at quarter-end.

*Generated 2026-09-25 via google/gemini-2.5-flash*