Aker Solutions ASA: Second-Quarter and Half-Year Results 2020
July 15, 2020 - Aker Solutions' revenues fell in the second quarter of 2020 as activity levels declined due to the COVID-19 pandemic and lower oil prices. The volume of new orders rose, as some operators increased sanctioning towards the end of the quarter.2Q 2020 Financial Highlights · Revenue NOK 5.4 billion · EBITDA NOK 232 million · EBITDA ex. special items NOK 353 million · EBITDA margin ex. special items 6.6% · Earnings per share ex. special items NOK -0.23 · Order intake NOK 7 billion · Order backlog NOK 26.9 billion "Despite challenging conditions on an