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DOFo - Dof ASA News Story

NOK0.577 0.0  0.0%

Last Trade - 23/04/21

Market Cap £14.1m
Enterprise Value £1.50bn
Revenue £540.9m
Position in Universe 1507th / 1838

BRIEF-DoF Q1 EBITDA NOK 804 mln

Wed 27th May, 2020 6:16am
May 27 (Reuters) - Dof ASA  DOF.OL :
    * FINANCIAL REPORT 1ST QUARTER FOR DOF ASA
    * DOF ASA - IMPACT OF COVID-19 VIRUS AND SHARP FALL IN OIL PRICE HAVE RESULTED IN
POSTPONEMENT AND
CANCELLATION OF SEVERAL PROJECTS
    * DOF ASA - RECOGNISED AN IMPAIRMENT OF NOK 1.5 BILLION (MANAGEMENT REPORTING) IN Q1
    * DOF ASA - HAS FURTHER FACED A CURRENCY LOSS OF NOK 2.9 BILLION (MANAGEMENT REPORTING) DUE
TO
EXTREME WEAKENING OF NOK AND BRL
    * DOF ASA - LONG-TERM REFINANCING OF GROUP HAS BEEN POSTPONED AND A STANDSTILL AGREEMENT HAS
BEEN
AGREED
    * DOF ASA - Q1 GROUP OPERATING INCOME NOK 2,064 MILLION VERSUS NOK 1,633 MILLION YEAR AGO
    * DOF ASA - Q1 EBITDA NOK 804 MILLION VERSUS NOK 541 MILLION YEAR AGO

Source text for Eikon:  ID:nObilps8ta 
Further company coverage:  DOF.OL 

 (Gdansk Newsroom)
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