Havyard ASA logo

HYARDo - Havyard ASA News Story

NOK11.04 -2.7  -19.4%

Last Trade - 07/05/21

Sector
Industrials
Size
Micro Cap
Market Cap £25.2m
Enterprise Value £68.6m
Revenue £186.6m
Position in Universe 1332nd / 1838

BRIEF-Havyard Group: Unit To Reduce Operations, Reduce Number Of Employees

Thu 5th November, 2020 11:48am
Nov 5 (Reuters) - Havyard Group ASA  HYARD.OL :
    * DOWNSIZING AT THE SHIPARD
    * SUBSIDIARY NEW HAVYARD SHIP TECHNOLOGY AS WILL REDUCE ITS
OPERATIONS INTO A REPAIR AND SERVICE YARD AND REDUCE NUMBER OF
EMPLOYEES
    * THIS IS DUE TO PREVAILING MARKET CONDITIONS FOR
NEWBUILDINGS AND
THAT OPPORTUNITIES FOR CONSTRUCTION FINANCING WILL BE
CHALLENGING IN TIME AHEAD.

Source text for Eikon:  ID:nObik8hBYa 
Further company coverage:  HYARD.OL 

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