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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Q3 2020 Aker ASA Earnings Call Transcript

Nov 05, 2020 / 08:00AM GMT

Release Date Price: kr410 (-0.05%)

Transcript

Christina Glenn

Aker ASA - Head of IR

Good morning, everyone, and welcome to Aker's third quarter presentation. I'm here with the CEO, Ãyvind Eriksen; and our CFO, Svein Oskar Stoknes, who will take you through the presentation today. After the conclusion of their presentation, we'll open up for questions. (Operator Instructions)

Now I welcome Ãyvind Eriksen to the stage.

Oyvind Eriksen

Aker ASA - President & CEO

Thank you, Christina, and good morning, everyone. We're getting accustomed to tuning in digitally. Third quarter presentation today finds you well from wherever you are joining us this morning.

2020 has seemingly provided a glimpse into a future world, one in which oil producers are getting increasing pressure to operate at the lowest cost possible and exposed to even more volatile market fluctuations, where renewables and green technologies hold an even bigger proportion of the energy mix, digital solutions are an integral part of every aspects of our lives and businesses and, lastly, where human health is increasingly

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