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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


 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



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
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