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Bonheur ASA Q1/12 Report


56793 fcras 11/5 2012 15:57
Oversigt

Comments to the accounts for Bonheur ASA

The Group accounts for the first quarter 2012 comprise Bonheur ASA and its subsidiaries ("The Group of companies") and the Group of companies´ ownership of associates.

Comparable figures for the same period in 2011 in brackets.

Highlights 1Q 12

o Operating revenues were NOK 2 543 million (NOK 2 318 million)

o Operating result before depreciation (EBITDA) was NOK 1 040 million (NOK 930 million)

o Operating profit (EBIT) was NOK 553 million (NOK 461 million
)
o Net result after tax was NOK 227 million (NOK 334 million)

o Majority's share of net result was NOK 46 million (NOK 121 million)

o Earnings per share were NOK 1.40 (NOK 3.70)

o Fred. Olsen Windcarrier AS entered into a contract for the construction of three additional crew boats

o A subsidiary of Fred. Olsen Windcarrier AS was awarded a contract for the installation of 30 wind

turbines and associated equipment at the Riffgat offshore wind farm in German territorial waters

o Proposed dividend payment for 2011 NOK 5.00 per share.

- more here:
http://www.bonheur.net/arch/_img/9087807.pdf

http://www.bonheur.net/


-----------------------------------------------

The Company

Incorporated in 1897 Bonheur ASA and affiliated companies are involved in a number of activities in Norway and internationally, based on shipping, offshore services and renewable energy. The investments, which are largely carried out jointly with Ganger Rolf ASA are related to the following main segment:

- more here:
http://www.bonheur.net/?aid=9046271



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56793 Bonheur ASA Q1/12 Report
11/5 15:57 fcras 0