Akastor ASA: Second Quarter and Half Year Results 2018

  • July 13, 2018
  • 07:00
  • Press release
  • Stock exchange release

Q2 Highlights

  • Revenue of NOK 873 million with growth of 25 percent from previous year (revenue of NOK 1 153 million inclusive AKOFS Offshore)
  • EBITDA from continuing operations of NOK 78 million (EBITDA of NOK 193 million inclusive AKOFS Offshore)
  • Order intake of NOK 4.6 billion
  • Signed definitive agreements to form joint venture of AKOFS Offshore with Mitsui & Co., Ltd. and Mitsui O.S.K. Lines, Ltd.
  • AKOFS Offshore entered into 5 years contract with Equinor for the AKOFS Seafarer vessel
  • Invested USD 75 million preferred equity in Odfjell Drilling

 

Akastor Q2 2018 Report

Akastor Q2 2018 Presentation

     

Media Contact
   
Leif Borge
Chief Financial Officer
Tel: +47 917 86 291
E-mail: leif.borge@akastor.com

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.

This information is subject to the disclosure requirements pursuant to section 5 -12 of the Norwegian Securities Trading Act.