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Akastor ASA (AKAS.OL)

AKAS.OL on Oslo Stock Exchange

7.39NOK
23 Oct 2020
Change (% chg)

kr0.41 (+5.87%)
Prev Close
kr6.98
Open
kr7.02
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kr7.43
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kr6.94
Volume
328,712
Avg. Vol
639,169
52-wk High
kr12.00
52-wk Low
kr3.52

Latest Key Developments (Source: Significant Developments)

Akastor: NES Global Talent Joins Forces With Fircroft Group
Tuesday, 22 Sep 2020 

Sept 22 (Reuters) - Akastor ASA ::NES GLOBAL TALENT JOINS FORCES WITH FIRCROFT GROUP.NES GLOBAL TALENT (NES), IN WHICH AKASTOR HOLDS AN ECONOMIC INTEREST OF AROUND 17%, HAS TODAY ANNOUNCED THAT IT HAS ENTERED INTO AN AGREEMENT TO COMBINE ITS BUSINESS WITH FIRCROFT GROUP (FIRCROFT).COMBINED ENTITY WILL BE KNOWN AS NES FIRCROFT..AKASTOR CEO, KARL ERIK KJELSTAD, WILL CONTINUE AS BOARD MEMBER FOR NEW NES FIRCROFT BOARD..AKASTOR'S ECONOMIC INTEREST IN NES FIRCROFT WILL BE AROUND 15%.  Full Article

Akastor: Q2 EBITDA Down At NOK 70 Mln
Thursday, 16 Jul 2020 

July 16 (Reuters) - Akastor ASA ::AKASTOR ASA: SECOND QUARTER AND HALF YEAR RESULTS 2020.Q2 REVENUE OF NOK 1 254 MILLION IN QUARTER, DOWN 4 PERCENT COMPARED WITH SAME QUARTER PREVIOUS YEAR.Q2 TOTAL EBITDA OF NOK 70 MILLION IN QUARTER, NEGATIVELY IMPACTED BY SPECIFIC M&A COST OF NOK 43 MILLION.Q2 ORDER BACKLOG WAS NOK 2.8 BILLION AT END OF QUARTER.ALL OF OUR INDUSTRIAL HOLDINGS DELIVERED POSITIVE CONTRIBUTION IN Q2 DESPITE CHALLENGING MARKET CONDITIONS..Q2 TOTAL REVENUES NOK 1,254 MILLION VERSUS NOK 1,304 MILLION YEAR AGO.Q2 EBITDA NOK 70 MILLION VERSUS NOK 114 MILLION YEAR AGO.  Full Article

Akastor Q1 EBITDA Up At NOK 137 Mln
Tuesday, 28 Apr 2020 

April 28 (Reuters) - Akastor ASA ::Q1 EBITDA NOK 137 MILLION.AKASTOR REPORTED REVENUES OF NOK 1 424 MILLION IN Q1, AN INCREASE OF 33 PERCENT YEAR-ON-YEAR.Q1 EBITDA WAS NOK 137 MILLION, COMPARED WITH NOK 92 MILLION A YEAR EARLIER.Q1 NET INTEREST-BEARING DEBT (NIBD) WAS NOK 1.4 BILLION, INCREASED BY NOK 697 MILLION IN QUARTER.  Full Article

Akastor: CEO Buys 100,000 Shares In Co
Friday, 20 Mar 2020 

March 20 (Reuters) - Akastor ASA ::AKASTOR ASA: MANDATORY NOTIFICATION OF TRADE.KARL ERIK KJELSTAD, CEO OF AKASTOR ASA, HAS TODAY PURCHASED 100 000 SHARES THROUGH HIS COMPANY BYESVOLLEN AS.FOLLOWING TRANSACTION, KJELSTAD HOLDS 400 000 SHARES IN AKASTOR.  Full Article

Akastor Q4 EBITDA Up At NOK 153 Mln
Thursday, 13 Feb 2020 

Feb 13 (Reuters) - Akastor ASA ::Q4 TOTAL REVENUES NOK 1,557 MILLION VERSUS NOK 1,090 MILLION YEAR AGO.Q4 EBITDA NOK 153 MILLION VERSUS NOK 63 MILLION YEAR AGO.MARKET OUTLOOK FOR NEWBUILDS REMAINS CHALLENGING WITH CURRENT OVERSUPPLY OF RIGS, ALTHOUGH THERE ARE SOME NICHE PROJECTS IN MARKET.  Full Article

Akastor Appoints Øyvind Paaske CFO
Friday, 22 Nov 2019 

Nov 22 (Reuters) - Akastor ASA ::: ØYVIND PAASKE APPOINTED AS CFO IN AKASTOR.: ØYVIND PAASKE APPOINTED AS CFO IN AKASTOR.ØYVIND PAASKE HAS BEEN APPOINTED AS CHIEF FINANCIAL OFFICER IN AKASTOR ASA EFFECTIVE FROM 1 MARCH 2020.ØYVIND PAASKE REPLACES LEIF H. BORGE WHO WILL REMAIN IN POSITION UP TO THIS DATE, AFTER WHICH HE WILL ASSUME A NEW POSITION IN A COMPANY OUTSIDE AKER GROUP.  Full Article

Akastor Q3 EBITDA Nok 133 Million
Tuesday, 29 Oct 2019 

Oct 29 (Reuters) - Akastor ASA ::AKASTOR ASA: THIRD QUARTER RESULTS 2019.AKASTOR Q3 REVENUE NOK 1 430 MILLION VERSUS NOK 955 MILLION YEAR AGO.AKASTOR Q3 EBITDA NOK 133 MILLION VERSUS NOK 87 MILLION YEAR AGO.AKASTOR Q3 ORDER BACKLOG NOK 3.27 BILLION VERSUS NOK 2.76 BILLION YEAR AGO.  Full Article

Akastor Q1 EBITDA Up At NOK 92 Million
Thursday, 2 May 2019 

May 2 (Reuters) - Akastor ASA ::REG-AKASTOR ASA: FIRST QUARTER RESULTS 2019.Q1 EBITDA NOK 92 MILLION VERSUS NOK 63 MILLION YEAR AGO.AKASTOR Q1 REVENUE AND OTHER INCOME NOK 1.01 BILLION VERSUS NOK 881 MILLION IN Q1 2018.Q1 ORDER INTAKE NOK 1.15 BILLION VERSUS NOK 1.07 BILLION YEAR AGO.Q1 TOTAL REVENUES WERE NOK 1,070 MILLION, UP 21% YOY.  Full Article

Akastor's MHWirth wins $100 mln contract from Keppel shipyard
Thursday, 11 Apr 2019 

April 11 (Reuters) - Akastor ASA ::REG-AKASTOR ASA: MHWIRTH HAS BEEN AWARDED CONTRACT FOR NEW DRILLING EQUIPMENT PACKAGE FROM KEPPEL FELS.CONTRACT VALUE FOR DRILLING EQUIPMENT PACKAGE, INCLUDING A MID-WATER RISER PACKAGE, IS APPROXIMATELY USD 100 MILLION.THIS WILL BE INCLUDED IN ORDER INTAKE IN Q2 2019.THIS IS FIRST OUT OF THREE OPTIONS THAT WERE GIVEN WHEN KEPPEL FELS AND MHWIRTH SIGNED A CONTRACT IN APRIL 2018 FOR A SIMILAR DRILLING EQUIPMENT PACKAGE.  Full Article

Akastor appoints chairman, CEO of MHWirth unit
Wednesday, 13 Feb 2019 

Feb 13 (Reuters) - Akastor ASA ::MHWIRTH STRENGTHENS LEADERSHIP - MERRILL A. "PETE" MILLER JR. APPOINTED EXECUTIVE CHAIRMAN AND EIRIK BERGSVIK APPOINTED CEO.PETE MILLER HAS BEEN APPOINTED EXECUTIVE CHAIRMAN OF MHWIRTH AND EIRIK BERGSVIK AS CEO. BOTH CHANGES ARE EFFECTIVE TODAY.  Full Article