Wednesday, May 6, 2015

Fred. Olsen Energy produced strong figures – HegnarOnline

Fred. Olsen Energy reports a profit after tax of $ 69.7 million in Q1 2015, against $ 23.5 million in the same period last year. According to TDN Finans was expecting a profit of $ 26 million.

Earnings per share were $ 1.05, compared with $ 0.35 at the same crossroads in 2014. It was the expectation $ 0.39.

The result before taxes was $ 74.9 million, compared with $ 24.5 million the previous year, the expected $ 30 million.

The operating profit was $ 66.2 million, compared 39,4millioner dollars the previous year. The expectation was $ 40 million

The total revenue amounted to $ 283.9 million, compared with $ 277.8 million in Q1 2014 and expected $ 275 million.

Here’s the report!

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