- EBIT of NOK 25.1 million and EBIT-margin of 4.7 % in fourth
quarter of 2016. EBIT of NOK 112.0 million in 2016 with an
EBIT-margin of 5.6%.
- Good project execution in 2016 with good results.
- Impairment of financial assets related to ship investments
With NOK 40 millions in fourth quarter 2016, and large
deficits in shipowning associates with NOK 51 millions in
2016.
Please see enclosed report and presentation.
For further information, please contact:
Geir Johan Bakke, CEO +47 48 18 00 11
Pål Aurvåg, CFO +47 95 00 50 04
This information is subject of the disclosure
requirements pursuant to section 5-12 of the Norwegian
Securities Trading Act