2013-02-14 15:15:59 -
Attached please find Report 4Q 2012.
Farstad Shipping achieved an operating income of NOK 905.8 million for the 4th
quarter. The operating profit (EBIT) was NOK 151.9 million. The profit after
taxes was NOK 31.3 million.
The operating income at 31.12.12 was NOK 3 703.8 million. The operating profit
(EBIT) was NOK 730.3 million. The profit after taxes was NOK 311.8 million.
The Board will propose a dividend of NOK 3,00 per share for 2012.
Contacts for further information:
CEO Karl-Johan Bakken - tel. +47 901 05 697
CFO Torstein Stavseng - tel. +47 911 07 001
Farstad Shipping's fleet currently consists of 57 vessels (28 AHTS, 26 PSV and
3 SUBSEA) and 3 PSV and 4 AHTS under construction. The company's operations are
managed from Aalesund, Aberdeen, Melbourne, Perth, Singapore, Macaé and Rio de
with a total of 2080 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.
This information is subject of the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.
Quarterly Report 4 2012:
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originality of the information contained therein.
Source: Farstad Shipping ASA via Thomson Reuters ONE