Brief: Awilco Drilling pays Q2 dividend of $0.2 per share

Awilco Drilling

09/05/2018 06:35

May 9 (Reuters) - Rig firm Awilco Drilling PLC  AWDR.OL :
    * CONTRACT REVENUE OF USD 34.1 MILLION (USD 33.9 MILLION IN
Q4
2017
    * Q1  EBITDA USD 24.0 MILLION (USD 24.5 MILLION IN Q4 2017)
    * Q1 NET PROFIT OF USD 19.1 MILLION (USD 16.9 MILLION LOSS
IN Q4
2017)
    * BOARD APPROVED A DIVIDEND DISTRIBUTION PAYABLE IN Q2 2018
OF USD
0.20 PER SHARE
    * SEES LIMITED FURTHER OPPORTUNITIES IN THE UK IN 2018 BUT
ENQUIRIES SUGGEST THAT DEMAND IN 2019 WILL BE INCREMENTALLY
HIGHER THAN THIS YEAR

Source text for Eikon:  urn:newsml:reuters.com:*:nNDLc90cFn
Further company coverage:  AWDR.OL 

 (Reporting By Ole Petter Skonnord)
 ((olepetter.skonnord@thomsonreuters.com;))