News Column

Report for the 2nd quarter 2014 and the 1st half year 2014

July 10, 2014



Figures in USD

FRED. OLSEN ENERGY ASA (FOE) REPORTS AN OPERATING PROFIT BEFORE DEPRECIATION (EBITDA) OF USD 107 MILLION FOR THE 2nd QUARTER 2014 AND USD 209 MILLION FOR THE FIRST HALF YEAR 2014 HIGHLIGHTS FOR THE 2nd QUARTER 2014'

Revenues were 273 million

EBITDA was 107 million

Operating profit (EBIT) was 19 million

Profit before tax was 16 million

Earnings per share were 0.10

Established new USD 2 billion bank credit facility

Successful start-up of the newbuild Bolette Dolphin



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

http://news.cision.com/fred--olsen-energy-asa/r/report-for-the-2nd-quarter-2014-and-the-1st-half-year-2014,c9615411

The following files are available for download:

http://mb.cision.com/Main/1794/9615411/265980.pdf Beskrivelse av vedlegg


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Source: Cision


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