TTS Group ASA: Financial report Q1 2017


Please find attached the financial report for TTS Group ASA Q1 2017.

Highlights are:

  • 1st quarter turnover reduced, particularly due to lower activity in business units RoRo/Cruise/Navy, Container/Bulk/Tank and Offshore
  • Continued positive underlying operations, with a 1st quarter EBITDA excl. restructuring of MNOK 10
  • Previously announced restructuring cost in Multipurpose/General cargo of MNOK 30
  • Gain from sale of Liftec OY: MNOK 13

Bergen, 9 May 2017

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

Contact persons:

Toril Eidesvik
CEO
M: +47 900 78 218

Henrik Solberg-Johansen
CFO
M: +47 982 06 438

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

Pièces jointes

2017 Q1 TTS published