Ekornes ASA reports strong half-year results

Posted On Ekornes ASA reports strong half-year results

Ekornes’ half-year results for 2010 show an increase in revenue and profits. Profit before tax increased by 72.8 percent to NOK 296M.

Ekornes’ half-year results for 2010 show an increase in revenue and profits. Profit before tax increased by 72.8 percent to NOK 296M.

Gross operating revenues increased by 19 percent to NOK 1.5B. The consolidated operating profit increased by 55.2 percent to 291.3M; compared to 187.7M in the same period in 2009. Overall number of orders increased, and 2nd quarter was particularly strong with a 10% increase in new orders.