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Aker Solutions raises revenue for the fifth consecutive quarter

Despite tough competition and a shrinking order book, oil service company Aker Solutions increases its revenue and operating result in the second quarter. The Norwegian company now expects its revenue to increase by 10 percent this year.

Photo: Nerijus Adomaitis / Reuters / Ritzau Scanpix/REUTERS / X03961

Norwegian oil service company Aker Solutions finished the second quarter improving both operations and revenue.

Despite ruthless competition in the oil sector, the company raised its revenue to NOK 7.5 billion (USD 872.2 million) from the NOK 6.3 billion booked for the same period last year, according to Aker Solutions' second quarter financial report.

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