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

Q1 2021 Aker ASA Earnings Call Transcript

May 07, 2021 / 07:00AM GMT

Release Date Price: $65

Transcript

Christina Chappell Glenn

Aker ASA - Head of Corporate Communications & IR

Hello, everyone, and good morning. Welcome to this presentation of Aker's First Quarter Results for 2021. We will start today's presentation with Aker's President and CEO, Oyvind Eriksen, who will walk you through the highlights in the quarter and how the Industrial Holdings portfolio developed in the period. Our CFO, Svein Stoknes will then cover the financial investments portfolio and the first quarter accounts in more detail. After the presentation, we will have a Q&A session. You can submit your questions via the chat function on the webcast. And with that, I hand it over to Oyvind Eriksen.

Oyvind Eriksen

Aker ASA - President & CEO

Thank you, Christina, and good morning, everyone. It's been another eventful quarter, one in which we added several milestones across our portfolio. Aker BP recorded record high revenues, Aker Solutions, record high tender activity. And Aker Horizons grew its revenues -- renewable portfolio significantly.

For Aker the quarter ended

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