Brief: Akastor Q4 EBITDA Turns To Profit Of NOK 23 Mln

Akastor ASA

14/02/2024 06:27

Feb 14 (Reuters) - Akastor ASA  AKAST.OL :
    * Q4 - NET CAPITAL EMPLOYED OF NOK 4.6 BILLION AND EQUITY OF NOK 4.0 BILLION PER END OF
QUARTER,
CORRESPONDING TO NOK 14.5 PER SHARE
    * Q4 REVENUE AND OTHER INCOME NOK 87 MILLION VERSUS NOK 79 MILLION YEAR AGO
    * RECORD HIGH EARNINGS IN THE FOURTH QUARTER WAS DRIVEN BY A CONTINUED STEADY INCREASE IN
AFTERMARKET ACTIVITY
    * Q4 EBITDA NOK 23 MILLION VERSUS LOSS NOK 14 MILLION YEAR AGO
    * DDW OFFSHORE ALSO DELIVERED SOLID RESULTS IN THE FOURTH QUARTER AND THE MARKET FOR THIS
TYPE OF
ANCHOR HANDLERS REMAINS STRONG

Source text for Eikon:  ID:nObisDvVha 
Further company coverage:  AKAST.OL 

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