Bonheur ASA Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
July 13, 2023 at 05:18 am EDT
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Bonheur ASA reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was NOK 2,833.5 million compared to NOK 2,385.9 million a year ago. Net income was NOK 439.3 million compared to net loss of NOK 13.6 million a year ago. Basic earnings per share from continuing operations was NOK 10.3 compared to basic loss per share from continuing operations of NOK 0.3 a year ago.
For the six months, sales was NOK 5,832.6 million compared to NOK 4,862.1 million a year ago. Net income was NOK 765.1 million compared to NOK 40.1 million a year ago. Basic earnings per share from continuing operations was NOK 18 compared to NOK 0.9 a year ago.
Bonheur ASA is a Norway-based investment company. The Companyâs investments are related to the four main segments: Renewable Energy, Wind Service and Cruise and Other Investments. The Renewable Energy segment consists of Fred. Olsen Renewables AS and is engaged in development, construction and operation of wind farms. The Wind Service segment consist of Fred. Olsen Ocean Ltd. and its subsidiaries: Fred. Olsen Windcarrier AS, Global Wind Service A/S and United Wind Logistic GmbH., which own and operate three modern self-propelled jack-up vessels specially designed for transportation, installation and service of offshore wind turbines. The Cruise segment is typical ocean cruise holidays in Europe and world cruise. The Other investments segment include the ownership in NHST Media Group AS, which include publications and PR software services. The publications are Dagens Næringsliv, Tradewinds, Recharge Intrafish and Upstream. The PR software services are MyNewsDesk and Mention Solutions.