Financial Report 3[rd] quarter for DOF ASA
The Group’s revenue for 3[rd] quarter (management reporting) totals NOK 2 027 million (NOK 2 057 million) and the EBITDA totals NOK 879 million (NOK 803 million, adjusted for hedge accounting). The operating profit (EBIT) is NOK -46 million (NOK -503 million), of which depreciation and impairment totals NOK 925 million (NOK 1 262 million). Net profit is NOK -406 million (NOK -2 130 million). The COVID-19 virus has had a major impact on the operations in the 3[rd] quarter and the markets have continued to be challenging, with pressure on earnings and utilisation rates. Despite a