Brief: Reach Subsea Q3 EBIT Rises To NOK 58.4 Million

Reach Subsea ASA

08/11/2022 06:08

Nov 8 (Reuters) - REACH SUBSEA ASA  REACH.OL :
    * Q3 TURNOVER WAS NOK 365.4 MILLION (NOK 223.8 MILLION)
    * EBIT FOR 3Q2022 WAS NOK 58.4 MILLION (NOK 23.4 MILLION)
    * REACH REMOTE PROJECT PROGRESSING ACCORDING TO SCHEDULE
    * SHORT- AND LONG-TERM OUTLOOK REMAINS STRONG AS HIGH ENERGY
PRICES MEANS THAT OIL, GAS INDUSTRY INVESTS MORE AFTER YEARS OF
LOW ACTIVITY

Source text for Eikon:  ID:nObiVL7QBa 
Further company coverage:  REACH.OL 
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