20/02/2014at 15:28

Siem Offshore reduced its loss in 2013

Siem Offshore improved its bottom line, though it remains red. Revenue also saw a slight improvement, according to the company's fourth quarter interim report.

BY CHRISTIAN CARLSEN

Norwegian offshore company Siem Offshore, listed on the Oslo Stock Exchange, performed better in the last months of 2013 compared to the same quarter 2012. Revenue is increasing and the bottom line shows a smaller deficit than last year.

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