Boa Offshore AS - Consolidated First quarter report 2022

Boa Offshore AS reports consolidated operating revenues of NOK 191m in 1Q 2022 (NOK 228m in the same quarter 2021). Operating profit before depreciation (EBITDA) was NOK 52m (NOK 62m). Net financial items was NOK -21m (NOK -17m) and Net profit was NOK -1m (NOK 9m).

For further information, please contact:
Helge Kvalvik, CEO: Tel +47 97 97 97 72

About Boa Offshore:
Boa Offshore is a Norwegian-based global offshore supply vessel owner and operator with a well-diversified fleet of 26 units focused on subsea, barges, tugs, AHTS, engineering and project management. The company has the most sophisticated semi-submersible barge fleet in the world and holds the global market-leading position for heavy lift barges. The Boa group is an experienced and focused operator with more than 40 years of history