HAVYARD GROUP ASA - 2018 Q3 results

HAVYARD GROUP ASA - 2018 Q3 results

The Group's operating result (EBIT) in third quarter was lower than expected. The main reasons is agreed postponed activity on a major ship building project and postponed delivery of ferry charging equipment. There has also been non-recurring expenses associated with closing down the activity at MMC FP Tromsø.

- EBIT of NOK 0.7 million (0.13%) in third quarter of 2018.
- EBIT of NOK 0.14 million (0,09%) year to date Q3.2018.

Please see enclosed reports.

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