TTS Group ASA: Financial statement Q3 2016 Please find

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News Desk 2018
TTS Group ASA: Financial statement Q3 2016

Please find attached financial statement for TTS Group ASA Q3 2016. Highlights are:

  • Strong 3 rd quarter order intake, increased 23% from last quarter and 30% from 3 rd quarter 2015
  • 3 rd quarter turnover reduced 8% from 2015, particularly due to reduced activity in the offshore sector
  • Continued improvement  in underlying operations, with an EBITDA year to date of MNOK 100, compared to MNOK 42 in the same period 2015
  • Good visibility for 2016 turnover

Bergen, 15 November 2016 TTS Group ASA Tel.: +47 55 94 74 00 http://www.ttsgroup.com

Contact persons: Toril Eidesvik CEO M: +47 900 78 218

Henrik Solberg-Johansen CFO M: +47 982 06 438 This information is subject to the disclosure requirements pursuant to section 5 -12 of the Norwegian Securities Trading Act.

Attachments:

http://www.globenewswire.com/NewsRoom/Attachm...daecb90ab9

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