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Last 172.00 NOK
Change Today 0.00 / 0.00%
Volume 68.2K
AKER On Other Exchanges
Symbol
Exchange
OTC US
Stockholm
As of 10:25 AM 08/4/15 All times are local (Market data is delayed by at least 15 minutes).

aker asa-a shares (AKER) Snapshot

Open
171.00 NOK
Previous Close
172.00 NOK
Day High
172.00 NOK
Day Low
169.00 NOK
52 Week High
08/5/14 - 238.00 NOK
52 Week Low
12/9/14 - 136.00 NOK
Market Cap
12.8B
Average Volume 10 Days
28.3K
EPS TTM
-12.54 NOK
Shares Outstanding
74.3M
EX-Date
04/20/15
P/E TM
--
Dividend
10.00 NOK
Dividend Yield
5.81%
Current Stock Chart for AKER ASA-A SHARES (AKER)

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aker asa-a shares (AKER) Details

Aker ASA, an industrial investment company, operates in the oil and gas, maritime assets, seafood/marine biotechnology, and real estate sectors in Norway, the European Union, the Americas, Asia, and internationally. It operates through two segments, Industrial Holdings and Financial Investments. The company supplies products, systems, and services for the oil and gas industry; provides engineering and construction services to the energy and process industries; and explores and produces oil and gas on the Norwegian continental shelf. It also develops, markets, and sells krill-derived ingredients for fish feed and dietary supplements; develops marine based omega-3 fatty acids for pharmaceutical applications; and harvests white fish. In addition, the company owns and operates six anchor-handling vessels; processes and sells seafood products; and manages investment funds. Aker ASA was founded in 1841 and is headquartered in Oslo, Norway. Aker ASA is a subsidiary of TRG Holding AS.

28,998 Employees
Last Reported Date: 03/27/15
Founded in 1841

aker asa-a shares (AKER) Top Compensated Officers

Chief Executive Officer and President
Total Annual Compensation: 14.3M NOK
Chief Financial Officer
Total Annual Compensation: 7.7M NOK
Compensation as of Fiscal Year 2014.

aker asa-a shares (AKER) Key Developments

Aker ASA Reports Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2015; Reports Impairment for the Second Quarter of 2015

Aker ASA reported consolidated earnings results for the second quarter and six months ended June 30, 2015. For the quarter, the company reported that operating revenues were NOK 18,227 million compared to NOK 17,370 million a year ago. Operating profit before depreciation and amortization was NOK 3,170 million compared to NOK 2,023 million a year ago. Operating profit was NOK 1,508 million compared to NOK 203 million a year ago. Profit before tax was NOK 788 million compared to loss of NOK 487 million a year ago. Net profit from continuing operations was NOK 247 million or NOK 2.04 per basic and diluted share compared to loss of NOK 438 million or NOK 4.19 per basic and diluted share a year ago. Profit attributable to equity holders of the parent was NOK 137 million or NOK 1.88 per basic and diluted share compared to loss of NOK 311 million or NOK 4.30 per basic and diluted share a year ago. Negative net cash flows from operating activities were NOK 76 million compared to NOK 1,945 million a year ago. Acquisition of property, plant and equipment was NOK 2,984 million compared to NOK 2,892 million a year ago. Interest-bearing debt, external rose to NOK 7.1 billion in the second quarter, from NOK 6.7 billion in the first quarter and year-end 2014. The increase is due to the placement of a NOK 1.0 billion bond issue, which was partly offset by the repayment of NOK 500 million in bank debt and the repurchase of NOK 108 million in Aker bonds. For the six months, the company reported that operating revenues were NOK 37,984 million compared to NOK 33,346 million a year ago. Operating profit before depreciation and amortization was NOK 6,560 million compared to NOK 3,671 million a year ago. Operating profit was NOK 2,723 million compared to NOK 1,153 million a year ago. Profit before tax was NOK 1,743 million compared to NOK 372 million a year ago. Net profit from continuing operations was NOK 469 million or NOK 3.71 per basic and diluted share compared to NOK 427 million or NOK 2.71 per basic and diluted share a year ago. Profit attributable to equity holders of the parent was NOK 282 million or NOK 3.88 per basic and diluted share compared to NOK 1,117 million or NOK 15.44 per basic and diluted share a year ago. Net cash flows from operating activities were NOK 689 million compared to NOK 491 million a year ago. Acquisition of property, plant and equipment was NOK 6,635 million compared to NOK 4,689 million a year ago. The company reported impairment charges for the second quarter ended June 30, 2015. For the quarter, the company reported impairment changes of NOK 13 million.

Aker To Divest Its Ship-Owning Investments

Aker ASA (OB:AKER) announced plans to divest its ship-owning investments in a joint venture with Crowley Corp., and a venture with American Shipping Corporation for a total of eight product tankers with a contract value of $1 billion. Aker said it expects that two potential sale transactions will be finalized in the current third quarter. The company did not disclose the name of the buyers.

Aker ASA Appoints Frank O. Reite as Chief Financial Officer, Effective 10 August 2015

Aker ASA announced that Frank O. Reite has been appointed chief financial officer, effective 10 August 2015. Reite comes from the position of chief executive officer at Akastor ASA. Reite (44) has worked for Aker and Aker-owned companies between 1995-2004 and since 2009. He has held a number of executive positions in the seafood, ship building, oil services and investment segments of Aker's portfolio companies.

 

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