Aker Solutions ASA: Third-Quarter Results 2017
(WorldNews Norway)

October 20, 2017 3Q 2017 Financial Highlights Sales NOK 5.4 billion EBITDA NOK 401 million EBITDA margin 7.4% EBITDA ex. special items NOK 421 million EBITDA margin ex. special items 7.8% Earnings per share ex. special items NOK 0.41 Order intake NOK 2.6 billion Order backlog NOK 27.2 billion Aker Solutions delivered strong execution on major projects globally in the third quarter of 2017 and made good progress on improvement efforts that supported margins. The company has completed 90 percent of a program aimed at increasing cost-efficiency across the business by at least 30 percent by the end of this year. It is now also targeting an additional improvement of minimum 20 percent by the end...