The privately owned company had a pre-tax profit of NOK 1.652bn ($207m) in the two first tertials compared with a NOK 1.543bn profit in the same period last year. Revenues increased from NOK 10.753bn to NOK 10.917bn.
Despite the record result, chief executive Morten Fon says he is disappointed with the figures, which were affected by owners delaying maintenance of ships. “However, we have extensive experience operating in cyclical industries and have taken appropriate steps to maintain our long-term growth,” Fon said.
The
