TTS Group ASA: New contracts for China


TTS Group ASA has secured two new contracts with Cosco (Dalian) Shipyard Co., Ltd. in China for delivery of two shipsets of cargo cranes and two shipsets of hatch covers. The total order value is close to 50 MNOK.

The equipment is for use on two multi-purpose vessels. Deliveries will be completed in 2nd half of 2018.

Bergen, 23 October 2017

TTS Group ASA
http://www.ttsgroup.com

Contact persons:

Toril Eidesvik
CEO
M: +47 900 78 218

Leiv Kallestad
CFO
M: +47 958 95 661

This information is subject to the disclosure requirements pursuant to section 5 -12 of the Norwegian Securities Trading Act.