Aker Solutions ASA (OSL:AKSO)
kr 30.7 0.7 (2.33%) Market Cap: 14.69 Bil Enterprise Value: 4.49 Bil PE Ratio: 1.24 PB Ratio: 0.77 GF Score: 79/100
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Q3 2024 Aker Solutions ASA Earnings Call Transcript

Oct 31, 2024 / 08:00AM GMT
Release Date Price: kr52.25 (+13.59%)
Preben Orbeck
Aker Solutions ASA - Head of Investor Relations

Good morning, and welcome to Aker Solutions presentation of our third quarter results. My name is Preben Orbeck, and I am the Head of Investor Relations. With me today is our CEO, Kjetel Digre; and our CFO, Idar Eikrem. They will take you through the main developments of the quarter. (Event Instructions)

And with that, I leave the floor to Kjetel Digre.

Kjetel Digre
Aker Solutions ASA - President, Chief Executive Officer

Thank you, Preben, and welcome to everyone tuning in.

Let me start our presentation with the main messages for today. First and foremost, I'm happy to see that we continue to deliver on our financial targets. The third quarter revenue was NOK13.2 billion, which is a 35% growth from the same period last year. Our EBITDA in the quarter was NOK1.2 billion with a margin of 9.2%. The main driver behind the financial results is the solid operational performance across our project portfolio. And I would like to thank all our 11,700 colleagues for their valuable

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