Market Snapshot
  • U.S.
  • Europe
  • Asia
Ticker Volume Price Price Delta
DJIA 16,437.66 29.12 0.18%
S&P 500 1,867.81 2.96 0.16%
NASDAQ 4,108.99 13.48 0.33%
Ticker Volume Price Price Delta
STOXX 50 3,155.81 16.55 0.53%
FTSE 100 6,625.25 41.08 0.62%
DAX 9,409.71 91.89 0.99%
Ticker Volume Price Price Delta
NIKKEI 14,512.38 -3.89 -0.03%
TOPIX 1,171.40 -1.97 -0.17%
HANG SENG 22,760.24 64.23 0.28%

Archer Limited : Archer Limited : Fourth Quarter and Preliminary 2012 Results



Archer Limited : Archer Limited : Fourth Quarter and Preliminary 2012 Results

Hamilton, Bermuda (February 28, 2013)

 Fourth quarter 2012 highlights

  * Fourth quarter revenue of $537.3 million.
  * Fourth quarter EBITDA of $29.5 million including $13.1 million of
    exceptional costs.
  * Net loss for the quarter of $41.0 million.
  * Fourth quarter operational cash flow of $81.9 million.
  * Net interest bearing debt reduced to $1,161.1 million at December 31,
    2012.

In connection with the earnings release, a conference call/webcast will be
held at 1PM GMT (2PM CET) on Friday March 1, 2013.

For information on how to attend the webcast, detailed information is found on
our webpage; http://www.archerwell.com/page/48/webcast.htm

Questions should be directed to:
Fredrik Halvorsen, Chief Executive Officer and Deputy Chairman
Christoph Bausch, Chief Financial Officer
Lars Bethuelsen, Senior Vice-President, M&A and Investor Relations

 
This information is subject of the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.
Fourth Quarter and Preliminary 2012 Results

------------------------------------------------------------------------------

This announcement is distributed by Thomson Reuters on behalf of Thomson
Reuters clients.

The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and other
applicable laws; and
(ii) they are solely responsible for the content, accuracy and originality of
the
information contained therein.

Source: Archer Limited via Thomson Reuters ONE
HUG#1682247
Sponsored Links
Advertisement
Advertisements
Sponsored Links
Advertisement