Aker Solutions ASA: Fourth-Quarter Results 2020
February 15, 2021 - Sound orderbook, strong market outlook, growth in energy transition. Aker Solutions and Kvaerner successfully completed the merger in the fourth quarter 2020. Fourth-quarter revenue ended at NOK 6.8 billion and the EBITDA at NOK 121 million, in line with previous communication. Despite the challenging backdrop of the COVID-19 pandemic, the order backlog grew 15 percent compared to in 2019 and ended at NOK 38 billion. The outlook for project sanctioning has improved for 2021 and 2022.4Q 2020 Financial Highlights · Revenues NOK 6.8 billion ex. special items ·