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AKRBP Aker BP ASA News Story

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Aker BP first-quarter profit in line with expectations, projects on track

OSLO, May 7 (Reuters) - Norwegian oil firm Aker BP AKRBP.OL on Thursday reported a lower profit in line with expectations, and said its key offshore projects were on track to begin output in 2027 as planned.

Earnings before interest, tax, depreciation and amortisation (EBITDA) fell to $2.66 billion in January–March, from $2.8 billion a year earlier, in line with forecast in a company-compiled consensus of 15 analysts.

 (Reporting by Nerijus Adomaitis, editing by Terje Solsvik)

 ((nerijus.adomaitis@thomsonreuters.com; +47 9027 6699; Reuters Messaging: nerijus.adomaitis.thomsonreuters@reuters.net))

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