Overview
Norway offshore vessel operator's Q1 revenue reached NOK 185.2 mln, EBITDA margin was 31%
Q1 operating profit was NOK 5.6 mln, net profit after taxes NOK 41.5 mln
Fleet utilisation for the quarter was 93%
Outlook
Company did not provide specific guidance or outlook for future quarters or the full year
Result Drivers
HIGH FLEET UTILISATION - Co reported fleet utilisation of 93% for Q1
Company press release: ID:nObignMtya
Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q1 EBITDA Margin
31%
Q1 Operating Profit
NOK 5.6 mln
Analyst Coverage
The one available analyst rating on the shares is "buy"
The average consensus recommendation for the marine freight & logistics peer group is "buy"
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)