DOF ASA 2nd QUARTER 2012
Highligths:
- DOF has achieved “all time high” Ebitda of NOK 945 million (NOK 742 million excl. gain from sale of assets) in 2ndquarter
- The Group has secured a high contract coverage the remaining year and is good positioned for a expected strong subsea market going forward
- The operational earnings are expected to be good in 3rdquarter
| Q2 2012 | Q2 2011 | 30.06.12 | 30.06.11 | |
| Revenue | 2 119 | 1 581 | 3 987 | 2 967 |
| Operational costs | -1 376 | -1 086 | -2 637 | -2 097 |
| Gain for sale of assets | 203 | - | 203 | - |
| EBITDA | 945 | 495 | 1 553 | 869 |
| EBIT | 684 | 215 | 1 044 | 321 |
| Pre tax result before unrealized currency & derivates | 333 | -53 | 391 | -247 |
Vedlagt følger finansiell rapport for DOF ASA for 2. kvartal 2012.
Contact:
CEO Mons Aase, tel. +47 91 66 10 12
CFO Hilde Drønen, tel + 47 91 66 10 09
With a multi-national workforce in excess of 4,000 personnel, DOF ASA is an international group of companies which owns and operates a fleet of modern offshore/subsea vessels, and engineering capacity to service both the offshore and subsea market. With over 30 years in the offshore business, the group has a strong position in terms of experience, innovation, product range, technology and capacity.
DOF’s core businesses are vessel ownership, vessel management, project management, engineering, vessel operations, survey, remote intervention and diving operations primarily for the oil and gas sector. From PSV charter to Subsea engineering, DOF offers a full spectrum of top quality offshore services to facilitate an ever-growing and demanding industry.
The company's main operation centers and business units are located in Norway, the UK, the USA, Singapore, Brazil, Argentine, Egypt, Angola, and Australia.
DOF ASA is listed on the Oslo Exchange since 1997.