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Report for the 3rd quarter 2014

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Figures in USD

FRED. OLSEN ENERGY ASA (FOE) REPORTS AN OPERATING PROFIT BEFORE DEPRECIATION (EBITDA) OF USD 151 MILLION IN 3Q 2014

HIGHLIGHTS

  • Revenues were 335 million
  • EBITDA was 151 million
  • Operating profit (EBIT) was 15 million
  • Profit before tax was 4 million
  • Earnings per share were negative 0.12

  • Impairment of Borgny Dolphin of 43 million

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