Presentation of the 1st quarter results 2018

Solstad Farstad ASA (SOFF) will host a conference call to present its 1st quarter results for 2018 on Wednesday May 9th, 2018 at 17:30 CET. The presentation will be given by Lars Peder Solstad and Anders Hall Jomaas.

To follow the presentation please dial in at the following phone numbers: 

UK: +44 2031940544
NO: +47 23500254
SE: +46 856642661
US: +1 8552692604 

For the sake of good order, we inform that the 1st quarter results for 2018 and the presentation will be published Wednesday afternoon May 9th, 2018, and the presentation will also be available from the Company’s website www.solstadfarstad.com                  

Skudeneshavn, May 7th, 2018 

Solstad Farstad ASA
www.solstadfarstad.com

This information is subject of the disclosure requirements acc. to §5-12 vphl (Norwegian Securities Trading Act)

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About Us

Philosophy, Objectives and StrategiesSolstad Offshore ASA’s (SOFF) philosophy is to run a profitable and integrated shipping company with high specification vessels in its market segment, using owned or chartered vessels. The core business is to offer services to petroleum related offshore activities.The Company aims to be a significant player and offer a wide range of services based on high quality vessels, equipment and maritime personnel with extensive experience. In the North Sea the aim remains to be one of the heavy weights in the industry, and internationally, a major player in deep waters, subsea- and construction related activities. Based on extensive market knowledge and maritime experience within the offshore industry, SOFF will continuously seek for profitable investments in areas closely related to the core business. The Company continues to focus on Health, Safety and Environment (HSE) as well as profitability and aims to meet the targets set in these areas. The most important target within HSE is to avoid injury to personnel and equipment, and any uncontrolled spillage from the vessels. SOFF’s strategy is to be customer-focused and deliver high quality services in accordance with customer demands and furthermore to actively develop services in close co-operation with existing and new customers. In general, the Company manages the total operation of the vessels including freight, crewing and technical management. The Company will evaluate where it is possible to operate cost effective operations with an optimal return on capital employed, in co-operation with suppliers and clients, particularly with a view to long-term strategic co-operations. This co-operation is important with regards to both risk and capital injection.

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