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    SOFF   NO0003080608

SOLSTAD OFFSHORE ASA

(SOFF)
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Solstad Offshore : Multiple PSV contracts in West Africa

09/03/2021 | 03:46am EDT

Solstad Offshore ASA is pleased to announce multiple new medium-term contracts in West Africa. Letter of Agreements have been signed with key clients for 7 PSVs, all with commencement Q4 2021 / Q1 2022. The total firm duration of the contracts is approximately 1,000 vessel days with options to extend the contracts further.

Skudeneshavn, September 3rd, 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

http://publish.ne.cision.com//Release/ViewReleaseHtml/20D3330A570E1E57E0C856B0705FC7D6

https://mb.cision.com/Main/16896/3409530/1463966.pdf

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

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Financials
Sales 2020 4 844 M 582 M 582 M
Net income 2020 7 241 M 870 M 870 M
Net Debt 2020 18 208 M 2 188 M 2 188 M
P/E ratio 2020 0,10x
Yield 2020 -
Capitalization 399 M 47,8 M 48,0 M
EV / Sales 2019 6,23x
EV / Sales 2020 3,91x
Nbr of Employees 3 528
Free-Float 29,4%
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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 Director-Administration & Communication
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