Fred. Olsen Production ASA: Q3 2013 Result

OSLO, Norway--()--Regulatory News:

Fred. Olsen Production ASA (OSE:FOP):

Operating revenues in Q3 2013 were USD 29.4 million (USD 28.4 million in Q3 2012) with an EBITDA of USD 12.3 million (USD 14.5 million). After depreciation of USD 7.2 million (USD 7.1 million) the operating profit (EBIT) was USD 5.1 million (loss USD 7.4 million).

The net financial expenses were USD 0.4 million (USD 1.5 million). The profit before tax was USD 4.7 million (loss USD 5.9 million). The profit after tax was USD 2.8 million (loss USD 3.7 million).

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Contacts

Fred. Olsen Production ASA
Eirik Barclay, CEO
eirik.barclay@fpso.nu
or
Brad Neve, CFO
Tlf: +47 22 34 10 00
brad.neve@fpso.no

Contacts

Fred. Olsen Production ASA
Eirik Barclay, CEO
eirik.barclay@fpso.nu
or
Brad Neve, CFO
Tlf: +47 22 34 10 00
brad.neve@fpso.no