First quarter results 2020: Results negatively influenced by global pandemic
27 April 2020 – Kvaerner has in the first quarter taken several precautionary steps to safeguard employees, suppliers and local societies against the risks of the corona virus development. The financial results are negatively impacted by provisions related to covid-19. For the results in 2020 as a whole, it is too early to estimate the total effects. Kvaerner has demobilised the majority of hired-in personnel working on ongoing projects, office staff is working from home offices and several virus precautions influence daily work at the yards. Still, operations are continuing, and ongoing