Aker ASA (OTCPK:AKAAF)

$ 45.8125 -0.5953 (-1.28%) Market Cap: 3.53 Bil Enterprise Value: 7.08 Bil PE Ratio: 4.89 PB Ratio: 0.76 GF Score: 67/100

Q2 2019 Aker ASA Earnings Call Transcript

Jul 18, 2019 / 07:00AM GMT

Release Date Price: $40.4

Transcript

TorbjÃ;rn Kjus

Aker ASA - Chief Economist & Head of IR

¸ -

Hello, everyone, and good morning. Welcome to Aker's Half Year and Second Quarter 2019 Results Presentation. We will start today's presentation with Aker's President and CEO, Ãyvind Eriksen. He will walk you through the highlights of the quarter and the development of our Industrial Holdings portfolio. Aker's CFO, Frank Reite will then go through the financial investments portfolio and the first half accounts in more detail. And after the presentation, we will open up for Q&A.

And with that, I hand it over to Ãyvind.

Ã;yvind Eriksen

Aker ASA - President & CEO

Thank you, TorbjÃ¸rn. Good morning, and welcome to Aker's second quarter and half year results presentation.

Let me start with the highlights from the first half of the year. Aker's net asset value was up NOK 4.7 billion in the first half of 2019, including NOK 1.7 billion in paid dividends. The net asset value was NOK 44.8 billion at the end of the second quarter, up from NOK 41.7

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