Fred. Olsen Energy ASA: Report for the 1st Quarter 2016

April 27, 2016

Responsive image

OSLO, Norway–(BUSINESS WIRE)–Regulatory News:

FRED. OLSEN ENERGY ASA (FOE) (OSE:FOE) REPORTS AN OPERATING PROFIT BEFORE DEPRECIATION (EBITDA) OF USD 139 MILLION IN 1Q 2016

HIGHLIGHTS

• Revenues were 235 million

• EBITDA was 139 million

• Operating profit (EBIT) was 64 million

• Profit before tax was 39 million

• Earnings per share were 0.50

This information was brought to you by Cision http://news.cision.com

Category: Oil & Gas