Last 0.22 NOK
Change Today 0.00 / 0.00%
Volume 375.9K
CECON On Other Exchanges
Symbol
Exchange
Berlin
As of 6:32 AM 03/4/15 All times are local (Market data is delayed by at least 15 minutes).

cecon asa (CECON) Snapshot

Open
0.22 NOK
Previous Close
0.22 NOK
Day High
0.23 NOK
Day Low
0.22 NOK
52 Week High
03/5/14 - 1.34 NOK
52 Week Low
12/23/14 - 0.16 NOK
Market Cap
39.9M
Average Volume 10 Days
119.1K
EPS TTM
-1.31 NOK
Shares Outstanding
181.3M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for CECON ASA (CECON)

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cecon asa (CECON) Details

Cecon ASA operates as an offshore and subsea installation contractor in Norway, west African Continental Shelf, and internationally. The company is involved in the fields of project management, engineering, and subsea installation for the offshore oil and gas, and renewables industry. Its project consists of the installation of rigid and flexible pipelines, umbilicals, and cables. The company lays, repairs, and maintains subsea pipes. Cecon ASA is based in Arendal, Norway.

22 Employees
Last Reported Date: 04/30/14

cecon asa (CECON) Top Compensated Officers

Chief Executive Officer
Total Annual Compensation: 2.8M NOK
Chief Financial Officer
Total Annual Compensation: 1.6M NOK
Chief Executive Officer of Rever offshore AS
Total Annual Compensation: 1.0M NOK
Compensation as of Fiscal Year 2013.

cecon asa (CECON) Key Developments

Cecon ASA Announces Unaudited Consolidated and Standalone Earnings Results for the Fourth Quarter and Year Ended December 31, 2014

Cecon ASA announced unaudited consolidated and standalone earnings results for the fourth quarter and year ended December 31, 2014. For the quarter, on consolidated basis, the company reported operating loss of NOK 10,085,000 against NOK 57,218,000 a year ago. Loss before income tax was NOK 35,683,000 against NOK 62,814,000 of prior year period. Loss for the period from continuing operations was NOK 35,683,000 against NOK 62,814,000 a year ago. Loss attributable to owners of the parent was NOK 66,453,000 or NOK 0.394 per basic and diluted share. For the year, on consolidated basis, the company reported revenues of NOK 964,000 against NOK 405,321,000 a year ago. Operating loss was NOK 123,015,000 against NOK 166,559,000 a year ago. Loss before income tax was NOK 185,748,000 against profit before income tax of NOK 941,226,000 of prior year period. Loss for the period from continuing operations was NOK 185,748,000 against profit for the period from continuing operations of NOK 941,226,000 a year ago. Loss attributable to owners of the parent was NOK 44,042,000 or NOK 0.573 per diluted share against profit of NOK 955,900,000 or NOK 3.8230 per diluted share a year ago. Cash flow from operating activities-net was negative at NOK 58,278,000 against NOK 41,460,000 of prior year. Purchases of property, plant and equipment were NOK 636,163,000 against NOK 458,024,000 of prior year. For the quarter, on standalone basis, the company reported revenues of NOK 3,936,000 against NOK 2,770,000 a year ago. Operating loss was NOK 59,068,000 against NOK 3,194,000 a year ago. Loss before income tax was NOK 108,424,000 against NOK 85,371,000 of prior year period. Loss attributable to owners of the parent was NOK 108,424,000 against NOK 85,371,000 a year ago. For the year, on standalone basis, the company reported revenues of NOK 9,780,000 against NOK 6,620,000 a year ago. Operating loss was NOK 36,239,000 against NOK 20,013,000 a year ago. Loss before income tax was NOK 92,928,000 against NOK 128,693,000 of prior year period. Loss attributable to owners of the parent was NOK 92,928,000 against NOK 128,693,000 a year ago.

Cecon ASA to Report Q4, 2014 Results on Feb 27, 2015

Cecon ASA announced that they will report Q4, 2014 results at 1:00 PM, Central European Standard Time on Feb 27, 2015

Cecon ASA Reports Unaudited Consolidated and Parent Earnings Results for the Third Quarter and Nine Months Ended September 30, 2014

Cecon ASA reported unaudited consolidated and parent earnings results for the third quarter and nine months ended September 30, 2014. For the quarter, on parent basis, the company reported revenues of NOK 5,844,000 compared to revenue of NOK 2,808,000 for the same period a year ago. Operating profit was NOK 22,829,000 compared to operating loss of NOK 1,020,000 last year. Profit was NOK 28,664,000 compared to loss of NOK 25,261,000 last year. Profit attributable to equity holders of the company was NOK 28,664,000 compared to loss attributable to equity holders of the company of NOK 25,261,000 last year. Profit before income tax was NOK 28,664,000 compared to loss before income tax of NOK 25,261,000 last year. For the nine months, on parent basis, the company reported revenues of NOK 8,936,000 compared to revenue of NOK 3,850,000 for the same period a year ago. Operating profit was NOK 15,342,000 compared to operating loss of NOK 16,630,000 last year. Profit was NOK 11,294,000 compared to loss of NOK 41,720,000 last year. Profit attributable to equity holders of the company was NOK 11,294,000 compared to loss attributable to equity holders of the company of NOK 41,720,000 last year. Profit before income tax was NOK 11,294,000 compared to loss before income tax of NOK 41,720,000 last year. For the quarter, on consolidated basis, the company reported revenues of NOK 978,000 compared to revenue of NOK 88,063,000 for the same period a year ago. Operating loss was NOK 101,414,000 compared to operating loss of NOK 5,557,000 last year. Loss was NOK 124,386,000 or NOK 0.505 per diluted share compared to loss of NOK 9,847,000 or NOK 0.040 per diluted share last year. Loss before income tax was NOK 124,386,000 compared to loss before income tax of NOK 9,847,000 last year. For the nine months, on consolidated basis, the company reported revenues of NOK 183,048,000 compared to revenue of NOK 112,114,000 for the same period a year ago. Operating loss was NOK 123,324,000 compared to operating loss of NOK 27,955,000 last year. Loss was NOK 170,729,000 compared to profit of NOK 1,086,835,000 last year. Loss before income tax was NOK 170,729,000 compared to profit before income tax of NOK 1,086,835,000 last year. Loss attributable to equity holders of the company was NOK 115,439,000 or NOK 0.693 per diluted share compared to profit attributable to equity holders of the company of NOK 1,088,754,000 or NOK 4.414 per diluted share last year. The company reported net cash used in from operating activities of NOK 17,565,000 and purchases of property, plant and equipment of NOK 565,457,000.

 

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