Financial and operating highlights 2Q23 (2Q22 in brackets):
- Operating revenues were
NOK 2 833 million (NOK 2 386 million) -
EBITDA was
NOK 727 million (NOK 562 million ) -
EBIT was
NOK 458 million (NOK 334 million ) -
Net result after tax was
NOK 554 million (NOK 161 million )
Segment highlights 2Q23 (2Q22 in brackets):
Renewable Energy
- EBITDA
NOK 277 mill. (NOK 502 mill.) - High power prices, but lower than last year and the previous quarter
- Generation 32% lower than P50 forecast and 26% lower than 2Q 22
Codling Wind Park was awarded a 20-year CfD for 1 300 MW capacity
Wind Service
- EBITDA
NOK 320 mill. (NOK 106 mill.) -
Backlog of
EUR 552 million - The Tern vessels had 98,6% utilization
- GWS had a normal operational quarter
Cruise
- EBITDA
NOK 132 mill. (NOK -42 mill.) - Cruising with three ships
- Occupancy of 69% (58%)
-
Net ticket income per passenger day of
GBP 191 (GBP 189 ) -
Reduced bunker cost of
GBP 5 mill vs. same quarter last year - Increased demand for cruises in 2023 and 2024
Other Investments
- EBITDA
NOK -3 mill. (NOK -4 mill.) -
EBITDA for NHST
NOK 23 mill. (NOK 23 mill.) - Fred. Olsen 1848, progressing several technologies and innovations within floating wind and floating solar in the quarter
- Fred. Olsen Investments, undertaken smaller investments within renewable energy related companies
Financial information
The unaudited Group accounts for 2Q23 comprise
The main business segments within which the Company is invested are categorized as follows: Renewable Energy, Wind Service, Cruise and Other investments.
The Group of companies' operating revenues in the quarter amounted to
EBITDA in the quarter was
Depreciation in the quarter was
EBIT in the quarter was
Net financial items in the quarter were
Net Result in the quarter was
For the first half-year, operating revenues were
https://news.cision.com/bonheur-asa/r/report-for-the-second-quarter-2023,c3804223
https://mb.cision.com/Main/2031/3804223/2185876.pdf
https://mb.cision.com/Public/2031/3804223/8c60a8f32016878d.pdf
https://mb.cision.com/Public/2031/3804223/954608d0738324db.pdf
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