Kvaerner lost revenue in the first quarter
Norwegian Kvaerner achieved a smaller revenue in the first quarter of the year, which did however end with a profit. The company maintained the size of the order book from the previous quarter and is focusing on savings and efficiency going forward in a challenging 2015.
BY DANIEL LOGAN BERG-MUNCH
Shipyard and offshore group Kvaerner exited the first three months of the year with a net result of USD 18.3 million compared to USD 8.4 million in the first quarter last year.
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