Aker Solutions ASA: First-Quarter Results 2020
April 30, 2020 - Aker Solutions reported first-quarter revenue of NOK 6.5 billion, a decline of 10 percent compared with the first quarter 2019, as the impact of the COVID-19 outbreak and sharp decline in oil prices impacted activity levels.1Q 2020 Financial Highlights · Revenue NOK 6.5 billion · EBITDA NOK 149 million · EBITDA margin 2.3% · EBITDA ex. special items NOK 314 million · EBITDA margin ex. special items 4.8% · Order intake NOK 6.6 billion · Order backlog NOK 26.4 billion The results were impacted by lower activity levels towards the end of the quarter,