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The case is being updated.
The main index on the Oslo Stock Exchange rises around 0.3 percent from the start on Wednesday, after another mixed trading day on Wall Street on Tuesday.
Aker Solutions, which last night completed the merger with Kvaerner, rises more than three percent on the first trading day as one company.
Oil prices are rising around 1.6 percent. One barrel of North Sea oil is traded at about 44.7 dollars.
Resultatrush
Norwegian, which earlier this week received a no from the state for further crisis aid in the billion class, continues to fall on the stock market. The share is down around four percent from the start, and is traded at just over 50 øre.
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Komplett Bank rises above three percent after laying forward quarterly figures earlier Wednesday. Solon Eiendom, on the other hand, falls by around three percent. The real estate company where investor Runar Vatne is one of the store owners, had a sharp drop in earnings in the third quarter.
Pexip, which presented third-quarter figures on Tuesday night, rises around 2.4 percent. The video conferencing company had a negative result before tax of NOK 23.8 million, down from a profit of NOK 13 million in the same period last year.
Turnover ended at NOK 136.3 million, up from NOK 90 million in the same period last year.
Lerøy Seafood Group rises over eight percent after a fall in profit of about 200 million in the third quarter of this year, compared with the same quarter last year. The company struck albeit analysts’ expectations by a good margin.
The John Fredriksen-dominated Seadrill rises above 20 percent, albeit at a low volume. The crisis-stricken rig company negotiates to write off NOK 40 billion in debt, and it is still uncertain whether Fredriksen will continue.
Renewable investment
According to the company, the new Aker Solutions will itself be one of the world’s leading companies in the delivery of solutions to reduce greenhouse gas emissions from oil and gas installations, in addition to the production of renewable energy facilities.
– In recent years, we have started to build up our businesses in the low-carbon and renewable energy segments. We will continue to do so in the new organization, says Aker Solutions CEO Kjetel Digre.
In a recent pro forma report for the new company, the figures show a turnover of NOK 7.2 billion, and a profit before tax of NOK 642 million in the third quarter.
It was this summer that the plans to merge Kvaerner and Aker Solutions became known. Digre then came from a top position in another Aker company, the oil company Aker BP. (Terms)Copyright Dagens Næringsliv AS and / or our suppliers. We would like you to share our cases using a link, which leads directly to our pages. Copying or other form of use of all or part of the content, can only take place with written permission or as permitted by law. For additional terms look here.
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