Akastor ASA: Second quarter and half year results 2017

Thu, Jul 13, 2017 07:00 CET

Q2 HIGHLIGHTS

· Entered agreement to sell KOP Surface Products to the Weir Group PLC for USD 114 million

· EBITDA of NOK 18 million (including restructuring costs of NOK 52 million)

· Net debt at NOK 3.3 billion, including financial leases of NOK 1.6 billion

· Working capital at NOK 1.2 billion

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Media Contact:

Akastor ASA

Tore Langballe, Head of Communications & IR

+47 907 77 841

tore.langballe@akastor.com

This information is subject to the disclosure requirements pursuant to section 5 -12 of the Norwegian Securities Trading Act.