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    SOFF   NO0003080608

SOLSTAD OFFSHORE ASA

(SOFF)
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Solstad Offshore : Contract for CSV Normand Vision with Havfram AS

06/30/2021 | 02:51am EDT

Solstad Offshore ASA has been awarded a contract with Havfram AS (former Ocean Installer AS) for the CSV Normand Vision. The contract will commence in direct continuation of present agreement in place between the parties. The firm period of the contracts covers the majority of 2022 with options for further extensions.

Normand Vision is a high capacity Construction Vessel designed and built for installation of Subsea Structures, Umbilicals, Risers and Flowlines (SURF).

Skudeneshavn, June 30th, 2021

Contacts
Lars Peder Solstad CEO, at +47 91 31 85 85
Kjetil Ramstad CFO, at +47 90 75 94 89

Solstad Offshore ASA
www.solstad.com

This information is subject of the disclosure requirements according to the Norwegian Securities Trading Act section § 5-12.

This stock exchange announcement was published by Liv Karina Døsen, Information Coordinator at Solstad Offshore ASA on June 30th, 2021 at 08:50 CEST

http://publish.ne.cision.com//Release/ViewReleaseHtml/36846EFAAA52A2BAE0C856B0705FC7D6

https://mb.cision.com/Main/16896/3376816/1438621.pdf

(c) 2021 Cision. All rights reserved., source Press Releases - English

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Financials
Sales 2020 4 844 M 564 M 564 M
Net income 2020 7 241 M 844 M 844 M
Net Debt 2020 18 208 M 2 121 M 2 121 M
P/E ratio 2020 0,10x
Yield 2020 -
Capitalization 403 M 46,8 M 46,9 M
EV / Sales 2019 6,23x
EV / Sales 2020 3,91x
Nbr of Employees 3 528
Free-Float 26,6%
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Managers and Directors
Lars Peder Solstad Chief Executive Officer
Kjetil Ramstad Chief Financial Officer
Harald Espedal Chairman
Tor Johan Tveit Chief Operating Officer
Olaug Hillesland Administration & Communication Director
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