Capital Cube2 years ago
Fred. Olsen Energy ASA reports preliminary financial results for the quarter ended June 30, 2015.HighlightsSummary numbers: Revenues of NOK 2,526.16 million, Net Earnings of NOK -2,539.33 million, and Earnings per Share (EPS) of NOK -38.29.Gross margins widened from 6.88% to 35.10% compared to the same quarter last year, operating (EBITDA) margins now 64.01% from 39.00%.Change
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