Inactive Instrument

Kværner ASA

Equities

KVAER

NO0010605371

Kværner ASA Reports Earnings Results for the Half Year Ended June 30, 2024

July 10, 2024

Kværner ASA reported earnings results for the half year ended June 30, 2024. For the half year, the company reported sales was NOK 23,840 million compared to NOK 16,015 million a year ago. Revenue was NOK 24,307 million compared to NOK 16,094 million a year ago.

Net income was NOK 1,424 million compared to NOK 915 million a year ago. Basic earnings per share from continuing operations was NOK 2.93 compared to NOK 0.07 a year ago. Diluted earnings per share from continuing operations was NOK 2.93 compared to NOK 0.07 a year ago.

Basic earnings per share was NOK 2.93 compared to NOK 1.87 a year ago. Diluted earnings per share was NOK 2.93 compared to NOK 1.87 a year ago.

Latest news about Kværner ASA

Kværner ASA Reports Earnings Results for the Half Year Ended June 30, 2024	07-10	CI
Kværner ASA Reports Earnings Results for the Half Year Ended June 30, 2023	11/07/23	CI
Kværner ASA(OB:KVAER) dropped from S&P Global BMI Index	16/11/20	CI
Aker Solutions ASA (OB:AKSO) completed the acquisition of Kværner ASA (OB:KVAER).	09/11/20	CI
Aker Solutions and Kværner Plan for Merger	05/11/20	CI
Transcript : Kværner ASA, Q3 2020 Earnings Call, Oct 28, 2020	28/10/20
Aker Carbon Capture : group's billionaire owner eyes less dependence on oil	16/09/20	RE
Aker : Norway's Aker Solutions announces merger with Kvaerner, new CEO	17/07/20	RE
Transcript : Kværner ASA, Aker Solutions ASA - M&A Call	17/07/20
Aker : Norway's Aker Solutions announces merger with Kvaerner, new CEO	17/07/20	RE
Kværner ASA Announces the Resignation of Idar Eikrem as Chief Financial Officer, Effective August 1, 2020	17/07/20	CI
Kværner and Aker Solutions Join Forces to Create A New Supplier Company and Announces Appointments to New Company	17/07/20	CI
Aker Solutions ASA (OB:AKSO) agreed to acquire Kværner ASA (OB:KVAER) for NOK 2.2 billion in a merger of equals transaction.	16/07/20	CI
Transcript : Kværner ASA, Q2 2020 Earnings Call, Jul 09, 2020	09/07/20
Kværner Asa Reports Earnings Results for the Second Quarter Ended June 30, 2020	09/07/20	CI
Kværner ASA (OB:KVAER) completed the acquisition of remaining 34% stake in from Selvaag Bolig ASA (OB:SBO).	08/07/20	CI
Kværner ASA Provides Earnings Guidance for the Second Quarter and Full Year 2020	06/07/20	CI
Kværner Receives Contract to Dismantle and Recycle Three Large Topsides, Three Jackets and Four Bridges from the Valhall and Hod Fields	30/06/20	CI
Kværner : Norway's Hod oilfield revamp to cost $596 million, Aker BP says	24/06/20	RE
Kværner : Aker BP revives Hod oil project after Norway tax incentive	09/06/20	RE
Kvaerner Wins Contract for HOD	09/06/20	CI
Norway parliament grants more tax relief to oil sector	08/06/20	RE
Transcript : Kværner ASA, Q1 2020 Earnings Call, Apr 27, 2020	27/04/20
Kværner Asa Reports Earnings Results for the First Quarter Ended March 31, 2020	27/04/20	CI
Kværner ASA Approves Committee Changes	24/03/20	CI

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Company Profile

Kvaerner ASA is a Norway-based engineering, procurement and construction (EPC) company. It provides technologies and products for offshore topsides, floating oil and gas facilities, substructures and complete onshore plants. Its business is divided into two segments: Upstream, and Downstream and Industrials. Upstream segment is divided into four business areas: North Sea, delivering topsides, floaters and onshore upstream facilities; Jackets, delivering steel jackets for oil and gas installations and wind jackets; Concrete Solutions, delivering concrete substructures, and International, delivering topsides, floaters and onshore facilities. Downstream & Industrials segment consists of a business area Engineering & Construction (E&C) Americas and is a contractor for onshore facilities, power plants and steel mills. In December 2013, the Company's subsidiaries divested Kvaerner North American Construction Ltd. and assets of Kvaerner North American Construction Inc. to Matrix Service Co.

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