Aker ASA (FRA:FKM)
€ 47.35 0.2 (0.42%) Market Cap: 3.54 Bil Enterprise Value: 5.94 Bil PE Ratio: 5.96 PB Ratio: 0.89 GF Score: 57/100

Q2 2020 Aker ASA Earnings Call Transcript

Jul 17, 2020 / 07:00AM GMT
Release Date Price: €35.66 (+2.41%)
TorbjÃ;rn Kjus
Aker ASA - Chief Economist & Head of IR

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Hello, everyone, and good morning. Welcome to a presentation of Aker's Second Quarter and Half Year 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. Oyvind will also take you through today's announced spin-off of Aker Solutions Offshore Wind and Carbon Capture segments and the following merger between Kvaerner and Aker Solutions.

After that, Aker's Chief Investment Officer, Kristian Rokke, will take you through Aker's initiative to establish the wholly owned Aker Horizons, a company that will operate in renewable energy and green technologies. Aker's CFO, Svein Oskar 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 Q&A. And with that, I hand it over to Oyvind.

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