Oslo, 12 May 2015: Bouvet had operating revenues of
NOK 327.0 million for the first quarter of 2015,
compared with 300.9 million in the first quarter
last year. This represents an increase of 8.7 per
cent. Operating profit (EBIT) in the period
increased 18.6 percent to NOK 32.0 million.
"We won important contracts in this quarter thanks
to our integrated digital expertise and our
closeness to clients," says Sverre Hurum, CEO of
Bouvet. "We are very well positioned to take
additional market share. But how high the
willingness to invest will be in the private sector
during 2015 is rather uncertain."
Bouvet's operating costs, including depreciation and
amortisation, for the first quarter came to NOK
295.0 million, up from NOK 273.9 million in the same
period of 2014. The EBIT margin increased from 9.0
per cent in the first quarter of 2014 to 9.8 per
cent.
Net profit came to NOK 24.4 million in the first
quarter, up from NOK 19.2 million in the same period
of 2014. Diluted earnings per share for the quarter
were NOK 2.32, compared with NOK 1.84 in the same
period of 2014.
Further information from
Sverre Hurum, CEO, Bouvet ASA, tel: +47 913 50 047
Erik Stubø, CFO, Bouvet ASA, tel: +47 950 36 011
Bouvet ASA in brief:
Bouvet is a Scandinavian company providing
consultancy and development services for information
technology, digital communication and enterprise
management. It had 1000 employees at 14 offices in
Norway and Sweden at 31 March 2015.
Bouvet is listed on the Oslo Stock Exchange under
the ticker code BOUVET.