Independent journal on economy and transport policy
07:05 GMT+1
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In the first trimester of this year VARD it has acquired new orders for 665 million euros (+99%)
In the period the profit clearly has recorded a bending of -53%
April 29, 2014
Shipbuilding society Norwegian VARD, that it is controlled by the navalmeccanico group Italian Fincantieri, has concluded the first trimester of this year with a profit of clearly 85 million Norwegian crowns (10 million euros), with a decrease of -53% regarding 180 million Norwegian crowns in the period January-March of 2013. The revenues are dropped of -3% to the 2,67 billion one Norwegian crowns. The EBITDA has been attested 171 million to Norwegian crowns (- 44%) and the operating profit to 123 million Norwegian crowns (- 55%).
In the first three months of the 2014 new VARD she is insured person orders for a huge total value of 5,53 billion relative Norwegian crowns to contracts for eight new ships regarding 2,78 billion Norwegian crowns in the first trimester last year. The value of the pocketbook orders of the company on 31 March was of 21,84 billion Norwegian crowns (for a total of 45 ships, of which 27 planned from the same VARD), in increase of +41% regarding on March 31, 2013.
VARD previews that in the remaining part of the 2014 level of the new orders it will remain elevated, but has specified that the quota acquired orders in the first trimester of the year is from considering itself exceptional.
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