Aker ASA (OSTO:AKERo)

kr 609 4 (0.66%) Market Cap: 44.88 Bil Enterprise Value: 73.01 Bil PE Ratio: 6.09 PB Ratio: 0.91 GF Score: 67/100

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Q1 2019 Aker ASA Earnings Call Transcript

May 10, 2019 / 07:00AM GMT

Release Date Price: kr550.5

Transcript

Operator

Good day, and welcome to the Aker ASA Q1 conference call. At this time, I would like to turn the conference over to Mr. Per Kristian Reppe. Please go ahead, sir.

Per Kristian Reppe

Aker ASA - Investment Manager & Head of IR

Hello, everyone, and good morning. Welcome to our first quarter 2019 results presentation. We will start today's presentation with Aker's President and CEO, Ãyvind Eriksen, who will walk you through the highlights in the quarter and the development of the Industrial Holdings portfolio. Aker's CFO, Frank Reite, will then go through the Financial Investments portfolio and the Q1 accounts in more detail. After the presentation, we'll open up for Q&A.

And with that, I hand over to Ãyvind.

Ã;yvind Eriksen

Aker ASA - President & CEO

Thank you, Per Kristian, and good morning, everyone. Let me start with the highlights in the first quarter as it shows here on Slide 2. Aker's net asset value was up 34.7% to NOK 56.2 billion. Our share price rose 42.4%. Aker's

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