Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N
AFK.OL - Arendals Fossekompani ASA
Q3 2024 Arendals Fossekompani ASA Earnings Call
Nov 08, 2024 / NTS GMT
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Presentation
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Hi, I'm Benjamin Golding. Welcome to the presentation of a PSO company's financial results for the third quarter, total operating revenue amounted to 909 million knoc. This is 5% higher than in the same quarter. Last year, largely driven by strong growth in our portfolio company N SSL Global.
The operating profit for the quarter was 51 million knoc. The reduction of 5 million knoc compared to the third quarter of last year was mainly due to cost increases in Nris and lower power prices.
Let's take a look at some updates from our portfolio companies in October. Our fossil company advent International and generation investment management completed the acquisition of volume in the transaction. On Osso company