The Net Asset Value ("NAV") of
The per-share NAV amounted to
"The second quarter was marked by market fear from volatile macroeconomic and geopolitical developments; however, our portfolio companies are showing determination and resilience through uncertain times. While Aker's share price has not escaped the global sentiment, we are coupling our strong industrial foundation with new technologies, ideas, and partnerships. Halfway through the year, long-term efforts are bearing fruit and new shoots taking root," said Øyvind Eriksen, President and CEO of
For the first half of the year,
"The world is facing an exponential increase in food consumption and energy demand and the need to decarbonize energy systems is undeniable. However, while the urgency has never been more stated, the issue remains incredibly nuanced as the world will need enormous investments in new power generation projects, as well as investments in oil and gas to meet global energy demand. This is why I am a firm believer that innovative models of collaboration and digitalization is more important than ever," said Eriksen. "The energy transition is enormous, complex, costly and take time. Together with our elected officials, we need to rethink our supply chains to better support the shift towards greener energy production. Moreover, we need to deploy digital technologies and software solutions that will help reduce cost and time it takes to reach scale. At Aker, our strategy is pinned on this increasingly clear - though complex - macroeconomic picture. Together with our portfolio companies we will claim a front seat in the race to meet global energy demand in the most technologically advanced, sustainable, and collaborative manner."
Aker's liquidity reserve, including undrawn credit facilities, stood at
The full report and presentation are available at www.akerasa.com and www.newsweb.no
-ENDS-
For more information, please contact:
Investors:
Joachim Bjørni, Head of Investor Relations,
Tel: +47 924 22 106
E-mail: joachim.bjorni@akerasa.com
Media:
Tel: +47 907 84 878
E-mail: atle.kigen@akerasa.com
This information is considered to be inside information pursuant to the EU Market Abuse Regulation and is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act. This
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