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DOFo - Dof ASA News Story

NOK0.762 0.0  0.0%

Last Trade - 07/01/21

Sector
Energy
Size
Micro Cap
Market Cap £15.9m
Enterprise Value £1.49bn
Revenue £536.7m
Position in Universe th / 1831

BRIEF-Dof ASA - Q4 Net Profit Is Nok 238 mln

Thu 25th February, 2021 7:16am
Feb 25 (Reuters) - Dof ASA  DOF.OL :
    * FINANCIAL REPORT 4TH QUARTER FOR DOF ASA
    * DOF ASA - Q4 EBITDA TOTALS NOK 606 MILLION (NOK 805 MILLION, ADJUSTED FOR HEDGE
ACCOUNTING)
    * DOF ASA - Q4 NET PROFIT IS NOK 238 MILLION (NOK -512 MILLION)
    * DOF ASA - Q4 REVENUE TOTALS NOK 1 680 MILLION (NOK 1 979 MILLION)
    * DOF ASA SAYS 2020 HAS BEEN A CHALLENGING YEAR DUE TO CONTINUED DOWNTURN IN MARKETS WHICH
HAS
INCREASED PRESSURE ON EARNINGS AND UTILISATION
    * DOF ASA - AVERAGE UTILISATION OF GROUP'S OWNED FLEET DURING Q4 WAS 68%; 77% FOR SUBSEA
FLEET,
59% FOR AHTS FLEET AND 56% FOR PSV FLEET

Source text for Eikon:  ID:nWkr2h36bg 
Further company coverage:  DOF.OL 

 (Gdansk Newsroom)
 ((Gdansk.newsroom@thomsonreuters.com; +48 58 778 51 10;))
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