Reach Subsea had good utilisation of vessels,
personnel and WROV's in the third quarter. This
resulted in an EBITDA of MNOK 9.5 and MNOK 2.4 in net
result. EBITDA as per 30.09.15 is MNOK 23.6,
representing a margin of ca. 5 % of the total
operating income (MNOK 499). Total operating income
per 30.09.2014 was MNOK 227.
Please see link/attachment for the full report.
Contact:
Jostein Alendal (CEO)
Birgitte W Johansen (CFO)