2013-08-21 14:41:01 -
Attached please find Report 2Q and 1st half year 2013.
Farstad Shipping achieved an operating income of NOK 996.6 million for the 2nd
quarter. The operating profit (EBIT) was NOK 205.4 million. The profit after
taxes was NOK 4.1 million.
The operating income at 30.06.13 was NOK 1,911.4 million. The operating profit
(EBIT) was NOK 378.7 million. The profit after taxes was NOK 86.2 million.
Contacts for further information:
CEO Karl-Johan Bakken - tel. +47 901 05 697
CFO Torstein L. Stavseng - tel. +47 911 07 001
Farstad Shipping's fleet currently consists of 59 vessels (30 AHTS, 26 PSV and
3 SUBSEA) and 2 PSV, 2 AHTS and 1 SUBSEA under construction. The company's
operations are managed from Aalesund, Aberdeen, Melbourne, Perth, Singapore,
Macaé and Rio de Janeiro with a total of 2100 employees engaged
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.
This information is subject of the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.
Quarterly Report 2 2013:
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(i) the releases contained herein are protected by copyright and
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originality of the information contained therein.
Source: Farstad Shipping ASA via Thomson Reuters ONE