Better than expected for Aker Solutions

Aker Solutions won the Lundin-contractAker Solutions.Photo Norway Today Media

Revenues for Aker Solutions fell in the second quarter of this year with around a billion kroner compared to the same period last year. Still, this was better than expected.

The result which the group presented Wednesday show that the operating revenues totaled 6.969 million, compared to 8.048 million last year.
In spite of this  the operating margin   increased from 6.8 percent last year to 8.1 percent this year, from 547 million to 563 million kroner.

E24 writes that it was  that the company was expected to  report a revenue of 6.65 billion, a gross operating profit of 477 million and a bottom line of 124 million after taxes, according to figures from SME Direkt / TDN Finans.
The profit before taxes was NOK 319 million against NOK 376 million in Q2 last year.

Source: NTB scanpix / Norway Today