Eidesvik Offshore ASA (DE:E1V) has released an update.
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Eidesvik Offshore ASA reported robust financial results for Q2 2024, with revenues of NOK 197.8 million and an EBITDA of NOK 82.5 million, amounting to a 42% EBITDA margin. The company achieved a high fleet utilization rate of 95% despite planned vessel maintenance. Notably, Eidesvik secured a contract extension with Equinor for the Viking Energy supply vessel until 2030 and is advancing its environmental strategy by converting the vessel to operate with the world’s first ammonia combustion engine.
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