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1st quarter 2013 earnings

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Infratek - Highlights 1st quarter 2013

  • Operating revenues of NOK 570 million (NOK 603 million)
  • First-quarter operating loss of NOK 29.7 million (NOK -2.0 million)
  • Difficult operating conditions due to sustained cold weather coupled with unusually few faults in the electricity grid
  • Particularly weak results in the Swedish market, in part due to the start-up of new contracts
  • Contingency service contracts entered into in Norway providing good predictability in the distribution grid in central Østland
  • Postponement of agreed assignments expected to contribute to higher-than-normal activities for the rest of the year

For further comments and key figures please see the enclosed shareholders report.

Infratek ASA
Oslo, 7 May 2013

  
For further information, please contact:

Vibecke Skjolde, CFO:
47 916 62 110, vibecke.skjolde@infratek.no

 
About Infratek ASA:
Infratek is one of the leading Nordic players within building, operating and securing of critical infrastructure. The Group delivers a wide range of services for power grids, railway systems, fiber networks, district heating, public street lighting and technical high security solutions. Infratek has 1,700 employees in Norway, Sweden, Finland and Denmark, and had revenues of NOK 2.8 billion in 2012. Infratek is listed on the Oslo Stock Exchange. For further information, please see www.infratek.no.

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