Norwegian companies with marine interests across a wide range of product and service sectors, are reporting improved finances and expanding markets. At the end of May, TTS Marine, one of Norway's largest marine equipment suppliers, reported its best-ever first-quarter figures. Operating profit before depreciation totalled NOK19.4M, compared with NOK6.3M for the same period in 2004. Turnover increased by 36% and order intake continued to be strong. The order reserve increased by NOK164M to NOK1,104M, a new record. "We are holding a steady course towards our goal of an annual turnover in excess of NOK1Bn and the best bottom line ever," said Johannes Neteland, president and CEO.
展开▼
