Brief: Reach Subsea 4Q 2020 EBITDA Up At NOK 60.8 MILLION

Reach Subsea ASA

23/02/2021 06:22

Feb 23 (Reuters) - Reach Subsea ASA  REACH.OL :
    * RECORD RESULT, PROPOSED DIVIDEND OF NOK 0,15 PER SHARE
    * 4Q 2020 EBITDA WAS NOK 60.8 MILLION COMPARED WITH NOK 31.3 MILL IN 4Q2019
    * BOARD PROPOSES A DIVIDEND OF NOK 0.15 PER SHARE
    * Q4 PRE-TAX RESULT WAS NOK 14.2 MILLION (NOK -24.8 MILLION)
    * Q4 REVENUE NOK 131 MILLION VERSUS NOK 108 MILLION YEAR AGO
    * WE CURRENTLY HAVE APPROXIMATELY 550 PROJECT DAYS SECURED FOR 2021 COMPARED WITH 400
PROJECT DAYS
AT THE SAME TIME A YEAR AGO

Source text for Eikon:  ID:nObiBzjk3a 
Further company coverage:  REACH.OL 

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