Report for the 1st quarter 2014
Figures in USD
FRED. OLSEN ENERGY ASA (FOE) REPORTS AN OPERATING PROFIT BEFORE DEPRECIATION (EBITDA) OF USD 102 MILLION IN 1Q 2014
HIGHLIGHTS
- Revenues were 278 million
- EBITDA was 102 million
- Operating profit (EBIT) was 39 million
- Profit before tax was 25 million
- Earnings per share were 0.35
- Change of reporting currency to USD
- New bond loan – NOK 1.100 million
- Bolette Dolphin delivered 21st February 2014