Wilson ASA Reports Unaudited Consolidated Earnings Results for the Fourth Quarter and Year Ended December 31, 2013; Provides Earnings Guidance for the First Quarter of 2014
For the year, total operating revenue was EUR 136.336 million against EUR 134.452 million a year ago. Operating result (EBIT) was EUR 10.293 million against EUR 4.748 million a year ago. Result before tax was EUR 11.722 million against negative result before tax of EUR 5.709 million a year ago. Annual result was EUR 11.424 million against negative result of EUR 13.666 million a year ago. EBITDA was EUR 35.9 million, an improvement of EUR 5.4 million from 2012. Cash flow from operating activities was EUR 27.445 million against EUR 10.255 million a year ago.
For the first quarter of 2014 it is expected an operating result on the level of that of the fourth quarter 2013.