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Report for the 1st quarter 2018

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Figures in USD

FRED. OLSEN ENERGY ASA (FOE) REPORTS AN OPERATING PROFIT BEFORE DEPRECIATION (EBITDA) OF USD 32 MILLION IN 1Q 2018

HIGHLIGHTS

  • Revenues were 71 million
  • EBITDA was 32 million
  • Operating profit (EBIT) was - 25 million
  • Profit before tax was - 43 million
  • Earnings per share were - 0.64

  • The remaining part of termination fee for Bolette Dolphin was booked in the quarter

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