Report for the 3rd quarter 2017

Figures in USD

FRED. OLSEN ENERGY ASA (FOE) REPORTS AN OPERATING PROFIT BEFORE DEPRECIATION (EBITDA) OF USD 25 MILLION IN 3Q 2017

HIGHLIGHTS

  • Revenues were 76 million
  • EBITDA was 25 million
  • Operating profit (EBIT) was negative 30 million
  • Profit before tax was negative 45 million
  • Earnings per share were negative 0.69
  • Termination fee for Bolette Dolphin received in the quarter

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