Austral Group S.A.A. announced unaudited earnings and operating results for the third quarter and nine months ended September 30, 2016. For the quarter, the company reported operating revenue of NOK 258.3 million against NOK 323.4 million a year ago. EBITDA was NOK 73.4 million against NOK 50.1 million a year ago. EBIT ex. impairment was NOK 31.0 million against NOK 6.7 million a year ago. EBIT was NOK 32.2 million against NOK 8.8 million a year ago.

For the nine months, the company reported operating revenue of NOK 735.1 million against NOK 1,020.5 million a year ago. EBITDA was NOK 123.1 million against NOK 298.9 million a year ago. LBIT ex. impairment was NOK 3.0 million against EBIT ex. impairment of NOK 177.5 million a year ago. EBIT was NOK 1.7 million against NOK 183.8 million a year ago.

For the quarter, the company has reported total volume of 53,000 MT against 223,000 MT a year ago.

For the nine months, the company has reported total volume of 90,000 MT against 224,000 MT a year ago.

The company expects total volume for 2016 to be 324,000 MT.