Revenue and EBITDA Growth
Operating revenues increased to NOK 3.6 billion, up NOK 400 million compared to the same quarter last year. EBITDA improved by NOK 138 million to NOK 938 million, and EBIT improved by a little more than NOK 100 million to approximately NOK 600 million.
Doubling of Net Result
Net result after tax doubled from NOK 172 million to NOK 350 million, with significant improvements in tax effects and profitability across all major segments.
Strong Financial Position
Parent company maintains a strong financial position with an equity ratio close to 76% and cash in current at NOK 2 billion by the end of the third quarter.
Winning Power Contracts
Secured 2 power contracts in the CfD Allocation Round 6, enabling the building of Crystal Rig IV and potentially Windy Standard III.
Improvement in Cruise Lines
Cruise Lines saw an improvement in EBITDA from NOK 213 million to NOK 255 million. Forward bookings at the end of Q3 are 15% higher than the previous year.