HMH Holding Inc. (Nasdaq ticker: HMH) has today released its financial results
for the first quarter of 2026, which is attached hereto and also available on
HMH’s investor relations website: htttps://hmhw.com/investors.
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The corresponding filing to the U.S. Securities and Exchange Commission
(“SEC”) can be found under a separate folder on the HMH website:
https://investor.hmhw.com/financials/sec-filings.
Akastor ASA’s current equity interest in HMH is about 36%.
For further information, please contact:
Øyvind Paaske
Chief Financial Officer
Tel: +47 917 59 705
E-mail: oyvind.paaske@akastor.com
This information is considered to be inside information pursuant to the EU
Market Abuse Regulation and is subject to the disclosure requirements pursuant
to Section 5-12 the Norwegian Securities Trading Act. This stock exchange
announcement was published by Jing Li Taklo, Head of Financial Reporting,
Akastor ASA, on May 6, 2026, at 22:20 CET.
About HMH
HMH is a leading provider of highly engineered, mission-critical equipment
solutions, providing customers with a comprehensive portfolio of drilling
equipment, services and systems utilized in oil and gas drilling operations,
both offshore and onshore. HMH’s global reach, technical expertise and
innovative product offerings, coupled with its integrated operations from
manufacturing to aftermarket services, allow HMH to provide customers with
first class technology, engineering and project management services through
the entire asset lifecycle of the equipment it provides. In addition, HMH is
growing its portfolio of products and services to adjacent industries, such as
mining. The complexity and criticality of HMH’s installed equipment drive
customers to choose HMH for their aftermarket support, particularly in the
offshore environment, which is subject to extensive regulation.
HMH was formed as an independent company in October 2021 through the merger of
Baker Hughes’ (Nasdaq: BKR) Subsea Drilling Systems business and Akastor ASA’s
wholly owned subsidiary, MHWirth AS. The shares of HMH’s Class A common stock
began trading on The Nasdaq Global Select Market on 1 April 2026 under the
ticker symbol “HMH.”
For further information, please visit homepage: https://hmhw.com/
About Akastor
Akastor is a Norway-based oil-services investment company with a portfolio of
industrial holdings and other investments. The company has a flexible mandate
for active ownership and long-term value creation.
For further information, please visit homepage: https://akastor.com/
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