1st quarter results 2010: improved margin

1st quarter results 2010: improved margin

ID: 19563

(Thomson Reuters ONE) -


Financial
·         EBITDA margin increased to 9.5 % (11.1 % incl. non-recurring items)

o       EBITDA: NOK 1 096 million (NOK 1 278 million incl. non-recurring items)

o       Revenues of NOK 11.6 billion

·         EPS of NOK 2.36 (incl. non-recurring items)

·         Net current operating assets of  NOK 1.8 billion

o       Ordinary fluctuations from quarter to quarter

·         Dividend payment of NOK 2.60 per share paid on 22 April



Orders

·         Booked NOK 10.5 billion in new orders

o       Power plant project of NOK 1.1 billion

o       Umbilical contracts of NOK 1.2 billion

o       Power cable installation contract of NOK 0.5 billion

·         Order backlog at NOK 55.7 billion

·         USD 300 million subsea tree contract for Iara & Guara awarded (Q2)



The full report and presentation can be downloaded from www.akersolutions.com
and the links below:



For further information, please contact:

Investor relations: Lasse Torkildsen, SVP Investor Relations, Aker Solutions.
Tel: +47 67 51 30 39, Mob: +47 911 37 194

Media: Geir Arne Drangeid, EVP Corporate Communications, Aker Solutions. Tel:
+47 67 51 30 36, Mob: +47 977 55 622

Career opportunities: visit http://www.akersolutions.com/CareerCentre



Aker Solutions ASA, through its subsidiaries and affiliates ("Aker Solutions"),
is a leading global provider of engineering and construction services,
technology products and integrated solutions. Aker Solutions' business serves
several industries, including oil & gas, refining & chemicals, mining & metals
and power generation. The Aker Solutions group is organised in a number of




separate legal entities. Aker Solutions is used as the common brand/trademark
for most of these entities.

Aker Solutions' parent company is Aker Solutions ASA. Aker Solutions has
aggregated annual revenues of approximately NOK 54 billion and employs
approximately 22 000 people in about 30 countries.

Aker Solutions is part of Aker (www.akerasa.com ), a
group of premier companies with a focus on energy, maritime and marine resource
industries. The Aker companies share a common set of values and a long tradition
of industrial innovation. Through its majority-owned holding company Aker
Holding AS, Aker controls 40.27 percent of the shares in Aker Solutions, and
takes an active role in the development of the company.

This press release may include forward-looking information or statements and is
subject to our disclaimer, see our web-pages
www.akersolutions.com .



This information is subject of the disclosure requirements acc. to §5-12 vphl
(Norwegian Securities Trading Act)



[HUG#1407185]





1st quarter results 2010 Report: http://hugin.info/77/R/1407185/360494.pdf
1st quarter results 2010 Presentation : http://hugin.info/77/R/1407185/360495.pdf
1st quarter results 2010 Norwegian summary: http://hugin.info/77/R/1407185/360496.pdf




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Bereitgestellt von Benutzer: hugin
Datum: 23.04.2010 - 08:02 Uhr
Sprache: Deutsch
News-ID 19563
Anzahl Zeichen: 0

contact information:
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