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Aker Solutions ASA: First quarter results 2024 - Aker Solutions delivers a solid first quarter
OSLO, Norway, April 25, 2024 /PRNewswire/ -- Aker Solutions has delivered strong revenue growth and improved profitability in the first quarter of 2024 compared to the same period last year. With a solid backlog and high tendering activity, the company is well positioned for future profitable growth.
1Q, 2024 Financial Highlights (all figures excluding special items)
Revenue NOK 11.5 billion
EBITDA NOK 987 million
EBITDA margin 8.6 percent
Earnings per share NOK 1.40
Order intake NOK 7.0 billion (0.6 times book-to-bill)
Order backlog NOK 68.7 billion
"We continue to see growth in revenues and profitability as we make good progress on our project portfolio. This highlights the strength of our project execution model, and I am pleased with the overall performance in the quarter," said Kjetel Digre, Chief Executive Officer ...