Aker ASA (CHIX:AKERo)

kr 611 0 (0%) Market Cap: 44.88 Bil Enterprise Value: 73.01 Bil PE Ratio: 6.09 PB Ratio: 0.91 GF Score: 70/100

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Q1 2020 Aker ASA Earnings Call Transcript

May 08, 2020 / 07:00AM GMT

Release Date Price: kr291.8 (+3.40%)

Transcript

TorbjÃ;rn Kjus

Aker ASA - Chief Economist & Head of IR

¸ -

Hello, everyone, and good morning. Welcome to a presentation of Aker's First Quarter Results for 2020. We will start today's presentation with Aker's President and CEO, Oyvind Eriksen. He will walk you through the highlights in the quarter and the development of our Industrial Holdings portfolio. Aker's CFO, Svein Stoknes, will then go through the Financial Investments portfolio and the first quarter accounts in more detail. And after the presentation, we will open up for a Q&A.

And with that, I hand it over to Oyvind.

Oyvind Eriksen

Aker ASA - President & CEO

Good morning, and thank you all for attending this presentation of Aker's first quarter results for 2020. It's difficult to know where to begin to describe the first quarter of this year. It's been some weeks unlike any of us have ever experienced. Truly something for the history books. Very few of us can remember a time when we were asked to make a collective sacrifice for the greater good. In Norway, the

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