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DANMARKS STØRSTE INVESTORSITE MED DEBAT, CHAT OG NYHEDER

Farstad Shipping Q1/12 Report


56912 fcras 15/5 2012 17:37
Oversigt

Published date: 2012-05-15T12:51:15 CET

Attached please find Report 1Q 2012.

Farstad Shipping achieved an operating income of NOK 905.5 million for the 1st quarter. The operating profit (EBIT) was NOK 163.9 million. The profit after taxes was NOK 113.7 million.

Contacts for further information:

CEO Karl-Johan Bakken - +47 901 05 697
CFO Torstein L. Stavseng -+47 911 07 001

Farstad Shipping's fleet currently consists of 53 vessels (29 AHTS, 21 PSV and 3 SUBSEA) and 6 PSV and 4 AHTS under construction. The company's operations are managed from Aalesund, Aberdeen, Melbourne, Perth, Singapore, Macaé and Rio de Janeiro with a total of 2000 employees engaged onshore and offshore. The company's strategy is to be a leading quality provider of large, modern offshore service vessels to the oil industry. The company maintains a long-term charter profile for the fleet.

- more here:

http://hugin.info/45/R/1612338/513171.pdf

http://www.farstad.com/

FAR.OL




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