Better than feared for Aker Solutions – Adresseavisen

The revenues of Aker Solutions fell in the second quarter with around a billion in the same period last year.

The result which the group presented Wednesday show that operating revenues totaled 6.97 billion, against 8.05 billion last year.

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Increased operating margin

despite this increase in operating margin from 6.8 percent last year to 8.1 percent this year, from 547 million to 563 million crowns.

E24 writes that it was expected that the company would report a turnover of 6.65 billion, a gross operating profit of 477 million and a bottom line of 124 million after tax, according to figures from SME Direkt / TDN Finans.

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– in good position

CEO Luis Araujo sees light at the tunnel.

– in the shadow of extensive industry challenges, we continue to deliver operational improvements and streamline our processes. We have maintained stable margins and deliver solid on implementation. We have a healthy order backlog and our solid financial position will now serve us well when the market improves, he said in a stock exchange release on Wednesday.

Profit before tax was NOK 319 million against NOK 376 million in Q2 last year.

The oil services company rose immediately over six percent of stock exchange trading on Wednesday as a result of the block message, type DN.no.