Borregaard Asa Reports Earnings Results for the Second Quarter Ended June 30, 2021
July 14, 2021 at 07:00 pm EDT
Borregaard ASA announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced sales was NOK 1,511 million compared to NOK 1,358 million a year ago. Operating income was NOK 314 million compared to NOK 152 million a year ago. Net income was NOK 233 million compared to NOK 101 million a year ago. Basic earnings per share from continuing operations was NOK 2.34 compared to NOK 1.01 a year ago. Diluted earnings per share from continuing operations was NOK 2.34 compared to NOK 1.02 a year ago. For the half year, sales was NOK 2,930 million compared to NOK 2,730 million a year ago. Operating income was NOK 509 million compared to NOK 284 million a year ago. Net income was NOK 379 million compared to NOK 203 million a year ago. Basic earnings per share from continuing operations was NOK 3.81 compared to NOK 2.03 a year ago. Diluted earnings per share from continuing operations was NOK 3.8 compared to NOK 2.04 a year ago.