Report for the 3rd quarter 2018

Figures in USD

FRED. OLSEN ENERGY ASA (FOE) REPORTS AN OPERATING PROFIT BEFORE DEPRECIATION (EBITDA) OF USD - 25 MILLION IN 3Q 2018.

HIGHLIGHTS

  • Revenues were 18 million
  • EBITDA was negative 25 million
  • Operating profit (EBIT) was negative 94 million
  • Profit before tax was negative 103 million
  • Earnings per share were negative 1.54
  • Bredford and Belford Dollphin to be decommissioned

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