Kværner ASA: 4th quarter and full year results 2017: Good results and expansion of business
8 February 2018 - Kvaerner delivered good results again, both for the fourth quarter and for the full year 2017. Total revenues in the quarter, including jointly controlled entities (Field Development segment), were NOK 1.8 billion, with an EBITDA result of NOK 234 million. This is slightly above the corresponding period in 2016, when the EBITDA was NOK 232 with corresponding revenues of NOK 2.4 billion. At the end of 2017, Kvaerner's order book was NOK 8.1 billion, up from NOK 6.5 billion one year earlier. "The oil industry has been through three years of significant market shifts, and