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    AKSO   NO0010716582

AKER SOLUTIONS ASA

(AKSO)
  Report
Real-time Quote. Real-time Oslo Bors - 08/04 10:25:06 am
16.19 NOK   -2.47%
08/03PRESS RELEASE : BP p.l.c.: 2Q21 SEA Part 1 of 1 -19-
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08/03PRESS RELEASE : BP p.l.c.: 2Q21 SEA Part 1 of 1 -3-
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08/03PRESS RELEASE : BP p.l.c.: 2Q21 SEA Part 1 of 1
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Aker Solutions, Siemens Energy Get Contract For Work on UK Offshore Wind Project

05/25/2021 | 12:00am EDT

By Dominic Chopping

STOCKHOLM--Aker Solutions ASA said Tuesday that in a consortium with Siemens Energy AG it has signed a "very large" contract with ScottishPower Renewables for work on the U.K.'s East Anglia Three offshore wind project.

The energy industry service provider said the contract is for the provision of high-voltage, direct current, or HVDC converter stations for East Anglia Three and is subject to the project reaching financial close in 2022.

East Anglia Three is located in the North Sea off the east coast of England and is planned for an installed capacity of up to 1,400 megwatts. It follows the commissioning of East Anglia One in 2020 and is part of the overall East Anglia Hub development which includes East Anglia Two and East Anglia One North, with a planned total capacity of up to 3,100 megawatts.

Aker Solutions defines a "very large" contract as being between 2.0 billion and 3.0 billion Norwegian kroner ($240.1 million-$360.1 million).

Write to Dominic Chopping at dominic.chopping@wsj.com

(END) Dow Jones Newswires

05-25-21 0200ET

Stocks mentioned in the article
ChangeLast1st jan.
AKER ASA -0.77% 643.5 Real-time Quote.15.80%
AKER SOLUTIONS ASA -2.47% 16.19 Real-time Quote.0.91%
DJ INDUSTRIAL -0.83% 34823.78 Delayed Quote.13.83%
IBERDROLA, S.A. -0.39% 10.23 Delayed Quote.-12.22%
SIEMENS AG 2.18% 137.8 Delayed Quote.14.75%
SIEMENS ENERGY AG -2.62% 23.05 Delayed Quote.-21.83%
All news about AKER SOLUTIONS ASA
08/03PRESS RELEASE : BP p.l.c.: 2Q21 SEA Part 1 of 1 -19-
DJ
08/03PRESS RELEASE : BP p.l.c.: 2Q21 SEA Part 1 of 1 -3-
DJ
08/03PRESS RELEASE : BP p.l.c.: 2Q21 SEA Part 1 of 1
DJ
08/02AKER HORIZONS : Mainstream, Siemens Team Up To Bid For Scotland's Offshore Wind ..
MT
07/28PRESS RELEASE : GEA Group Aktiengesellschaft: GEA to build world's first pilot p..
DJ
07/19AKER : Led Consortium Wins Contract to Work On Offshore Wind Project
MT
07/19AKER : Awarded Major Offshore Wind Contract
AQ
07/19Aker Solutions ASA Wins Award of Major Offshore Wind Contract
CI
07/19NEWS HIGHLIGHTS : Top Energy News of the Day
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07/16NEWS HIGHLIGHTS : Top Energy News of the Day
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More news
Financials
Sales 2021 28 049 M 3 171 M 3 171 M
Net income 2021 93,6 M 10,6 M 10,6 M
Net Debt 2021 1 807 M 204 M 204 M
P/E ratio 2021 89,3x
Yield 2021 0,17%
Capitalization 8 105 M 916 M 916 M
EV / Sales 2021 0,35x
EV / Sales 2022 0,29x
Nbr of Employees 14 789
Free-Float 42,5%
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Technical analysis trends AKER SOLUTIONS ASA
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Income Statement Evolution
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Mean consensus OUTPERFORM
Number of Analysts 11
Last Close Price 16,60 NOK
Average target price 17,95 NOK
Spread / Average Target 8,16%
EPS Revisions
Managers and Directors
Kjetel Digre Chief Executive Officer
Idar Eikrem Chief Financial Officer
Leif Arne Lang°y Chairman
HervÚ Valla Chief Technology Officer
Dean Watson COO & Executive VP-Subsea Lifecycle Services
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