FORNEBU, Norway, June 30, 2023 /PRNewswire/ -- Reference is made to the stock exchange announcement on 29 November 2022 by Akastor ASA regarding the sale by Akastor of certain preference shares to Odfjell Drilling, of which USD 20 million of the USD 95.2 million purchase price was to be settled pursuant to a seller's credit arrangement with maturity date 31 July 2024. Following a recent refinancing in Odfjell Drilling [...]
LYSAKER, Norway, May 4, 2023 /PRNewswire/ -- Aker Solutions has delivered increased year-on-year revenues, margin growth and improved cash-generation on the strength of solid project execution. Growing demand for Aker Solutions' offerings for the energy industry is reflected in a record-high order backlog and high tendering activity. 1Q, 2023 Financial Highlights Revenue NOK 11.4 billion EBITDA NOK 906 million EBITDA [...]
FORNEBU, Norway, April 27, 2023 /PRNewswire/ -- First Quarter Highlights Agreement with ABL Group re. sale of all shares in AGR against a combination of shares in ABL and cash entered into in the quarter Strong order intake in HMH in period with 20% growth year-on-year driven by Aftermarket Services, including strategic orders for digital technology upgrades and equipment overhauls Net capital employed of NOK 4.7 billion [...]
FORNEBU, Norway, April 18, 2023 /PRNewswire/ -- Akastor ASA has today completed the transfer of all shares in AGR AS to ABL Group ASA as per the terms described in the press release dated 20 March 2023. Consequently, a total of 18,166,667 Consideration Shares in ABL Group will be issued to Akastor's wholly owned subsidiary RGA Energy Holdings AS , of which 2/3 will be transferred to Nordea and DNB as settlement of the [...]
LYSAKER, Norway, April 12, 2023 /PRNewswire/ -- Akastor ASA invites investors and analysts to a webcast presentation of first quarter 2023 financial results on Thursday 27 April 2023 Date and time: Wednesday 27 April 2023 at 15:00 CET Presenters: Akastor - Karl Erik Kjelstad, CEO and Øyvind Paaske, CFO HMH - Eirik Bergsvik, CEO and Thomas McGee, CFO Link to webcast [...]
LYSAKER, Norway, March 22, 2023 /PRNewswire/ -- Aker Solutions today publishes its annual report, sustainability report, remuneration report and corporate governance report for 2022. The reports are attached and also available on https://akersolutions.com/annual-reports, https://akersolutions.com/sustainability-reports and https://akersolutions.com/corporate-governance. Aker Solutions has also published its annual [...]
FORNEBU, Norway, March 20, 2023 /PRNewswire/ -- Akastor ASA has today entered into a share purchase agreement with ABL Group ASA for the sale of all shares in AGR AS against a combination of shares in ABL Group and cash. Through this sale, Akastor will become a shareholder in ABL Group, which offers independent energy and marine consultancy to the global renewables, maritime and oil and gas sectors. "Since Akastor's entry [...]
FORNEBU, Norway, Feb. 17, 2023 /PRNewswire/ -- Reference is made to the press release dated 22 December 2022. Akastor ASA has today completed the sale of all shares in Cool Sorption A/S to Diamond Key International Pty. Ltd. in line with the terms and conditions described in the earlier announcement. For further information, please contact: Øyvind Paaske Chief Financial Officer Tel: +47 917 59 705 E-mail [...]
FORNEBU, Norway, Feb. 15, 2023 /PRNewswire/ -- Fourth Quarter Highlights Net interest-bearing debt reduced by approximately NOK 900 million through the quarter, driven by the sale of the preference shares held in Odfjell Drilling HMH delivered another strong quarter with strong growth in revenues year-on-year as well as quarter-on-quarter, driven by high service activity. Solid 2023 outlook driven by continued increasing [...]
Solid results and record high order intake. Aker Solutions delivered solid financials in the fourth quarter and for full-year 2022, as revenue and margins increased. The company won all-time high order intake leading to a record high order backlog securing a high level of activity and forming the basis for healthy margins going forward. The market outlook remains positive, with increased energy spending forecasted in the [...]
LYSAKER, Norway, Jan. 9, 2023 /PRNewswire/ -- Aker Solutions has been awarded a substantial1 contract from Altera Infrastructure for the complete upgrade of the Petrojarl Knarr floating production storage and offloading vessel to be redeployed at Equinor's Rosebank field development, offshore UK. The selected development concept for the Rosebank field includes redeployment and reuse of the existing Petrojarl Knarr FPSO [...]
FORNEBU, Norway, Dec. 22, 2022 /PRNewswire/ -- Akastor ASA has today entered into a share purchase agreement with Diamond Key International Pty. Ltd. for the sale of all shares in Cool Sorption A/S for DKK 20.4 million on a cash and debt free basis. Cool Sorption is headquartered in Glostrup, Denmark, and is a specialist supplier of Vapour Recovery Units and systems. "Cool Sorption operates in a highly specialist market [...]