Hold the Presses is your online newsportal en brings press releases from around the world. Journalists can use it for free, although it is their responsibilty to check the news. Hold the Presses is in no way responsible for the content of the press releases, the Sender is. We hope you enjoy reading the news we bring you on this website. If a message is published that is not acceptable, we apologize. Please contact us and we will remove the message as soon as possible.

Thursday, 13 July 2017

Akastor ASA: Second quarter and half year results 2017

Akastor ASA    

Published: 07:00 CEST 13-07-2017 /GlobeNewswire /Source: Akastor ASA / : AKA /ISIN: NO0010215684

Akastor ASA: Second quarter and half year results 2017

Q2 HIGHLIGHTS


·
 Entered agreement to sell KOP Surface Products to the Weir Group PLC for USD 114 million

· EBITDA of NOK 18 million (including restructuring costs of NOK 52 million)

· Net debt at NOK 3.3 billion, including financial leases of NOK 1.6 billion

· Working capital at NOK 1.2 billion

 

___________________________________________________________________________

  

Media Contact:

  

Akastor ASA

Tore Langballe, Head of Communications & IR

+47 907 77 841

tore.langballe@akastor.com

 

This information is subject to the disclosure requirements pursuant to section 5 -12 of the Norwegian Securities Trading Act.




Akastor ASA - 2017 Q2 Report
Akastor ASA - 2017 Q2 Presentation



This announcement is distributed by Nasdaq Corporate Solutions (One Liberty Plaza, 165 Broadway, New York, NY 10006. Tel: +1 212 401 8700. www.nasdaqomx.com) on behalf of NASDAQ OMX Corporate Solutions clients. Source: Akastor ASA, P.O. Box 169, Lysaker N-1325, Norway
If you would like to unsubscribe and stop receiving these e-mails click here.