Brief: Awilco Drilling Q3 operating profit rises to $69.5 million
19/11/2015 06:02
Nov 19 (Reuters) - Awilco Drilling Plc AWDR.OL :
* Q3 revenue $90.4 million versus $76.2 million year ago
* Q3 operating profit $69.5 million versus $51.5 million year ago
* End-Q3 contract backlog $276 million
* Approved a dividend distribution payable in Q4 2015 of $0.50 per share
* Says very low tendering activity would indicate that the fleet of available units is
likely to increase further in 2016
Source text for Eikon: ID:nHUG3WLLVh
Further company coverage: AWDR.OL
(Gdynia Newsroom)
((gdynia.newsroom@thomsonreuters.com; +48 58 698 3920;))
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