Report for the first quarter 2018
Financial and operating highlights 1Q 2018 (1Q 2017 in brackets): · Operating revenues were NOK 1 968 million (NOK 2 353 million) · EBITDA (operating result before depreciation, impairment, result from associates, finance and tax) was NOK 439 million (NOK 689 million) · EBIT (operating result) was NOK - 249 million (NOK 7 million · Net finance was NOK - 234 million (NOK - 122 million). · Net result after tax was NOK - 503 million (NOK - 148 million Post quarter event: · Fred. Olsen Renewables – divestment of 49% of two wind farms Renewable energy