Aker ASA (CHIX:AKERo)

kr 611 0 (0%) Market Cap: 44.88 Bil Enterprise Value: 72.94 Bil PE Ratio: 6.09 PB Ratio: 0.91 GF Score: 70/100

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Q1 2022 Aker ASA Earnings Call Transcript

May 04, 2022 / 07:00AM GMT

Release Date Price: kr809.5

Transcript

Joachim Bjorni

Aker ASA - Head of IR

Hi, everyone, and good morning. Welcome to this presentation of Aker's First Quarter Results for 2020.

We'll start today's presentation with Aker's President & CEO, Oyvind Eriksen, we'll walk you through the highlights in the quarter and how the Industrial Holdings portfolio developed.

Our CFO, Svein Stoknes will then cover the Financial Investments portfolio in the first quarter accounts in more detail. There will be a Q&A session following the presentation. (Operator Instructions)

With that, I hand it over to Oyvind Eriksen.

Oeyvind Eriksen

Aker ASA - President & CEO

Thank you, Joachim, and then good morning, everyone. As we stand here today, the world order has been upended by Russia's invasion in Ukraine. Amid such a brutal and senseless conflict, the significance of a single company's first quarter results pales.

The war has triggered a fundamental transformation of energy markets. The surge in oil and gas prices has unveiled vulnerability of entire energy systems,

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