Akastor ASA: Second Quarter and Half Year Results 2020
Second Quarter Highlights · Revenue of NOK 1 254 million in the quarter, down 4 percent compared with the same quarter previous year · Total EBITDA of NOK 70 million in quarter, negatively impacted by specific M&A cost of NOK 43 million · MHWirth EBITDA of NOK 110 million in quarter, driven by continued good activity within services and demonstrating robustness of business model · Net bank debt was NOK 1 595 million per end of second quarter, a decrease of NOK 42 million in the quarter · Net interest-bearing debt was NOK 1 488 million per end of second quarter, an increase