Fjordkraft increased the total number of electricity deliveries and mobile subscriptions by more than 14,000 in the first quarter.
The number of electricity deliveries decreased by 744 in the Consumer segment and Business segment combined, whereof -1,717 electricity deliveries in the Consumer segment and +973 electricity deliveries in the Business segment. The number of electricity deliveries in the Consumer and Business segments at the end of Q1 2020 was 621,348.
At the end of the first quarter 2020, Extended Alliance comprised 36,827 electricity deliveries, an increase of 4,731 electricity deliveries from Q4 2019 with the implementation of one new partner. In the first quarter 2020, Fjordkraft also handled its first broadband customers on behalf of Alliance Partners.
In total, the Group had 658,175 electricity deliveries at the end of the first quarter 2020. This is an increase of 17,701 electricity deliveries compared to the end of the first quarter 2019.
The number of mobile subscriptions grew by 10,025 in the first quarter of 2020, reaching a total of 110,052 subscriptions at the end of the period.
“The first quarter of 2020 has been a highly competitive one, and we are satisfied by the fact that we are able to grow in almost all parts of our business. We are especially pleased with the strong growth in mobile subscriptions, proving our attractiveness within the mobile services” says Rolf Barmen, CEO of Fjordkraft.
For queries, please contact:
Morten A. W. Opdal, Head of Controlling and Investor Relations, +47 970 62 526