Songa Offshore SE ("Songa") consolidated profit after tax for the
third quarter 2009 was USD 105.0 million.
Revenue for the third quarter was USD 228.7 million. This includes
mobilization revenue of USD 1.2 million. Deferred mobilization
revenue at quarter end is USD 2.2 million.
Total expenses for the third quarter were USD 101.0 million, the
figure includes a non operational loss of USD 2.7 million posted
under "other gain and loss". The loss is split between loss on
flippable swap with USD 2.2 million, USD 0.8 million in currency loss
and USD 0.3 in gain on disposal of assets.
EBITDA for the third quarter was USD 127.6 million. This figure is
after taking into effect "other gain and loss".
Net financial expenses for the third quarter were USD 12.8 million.
Earnings per share (EPS) for the third quarter were USD 0.77. Diluted
earnings per share (DEPS) for the third quarter were USD 0.77.
For the full report, please see link/attachment.
Limassol, 30 October 2009
Board of Directors
Songa Offshore SE
This announcement was originally distributed by Hugin. The issuer is
solely responsible for the content of this announcement.
*A Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient:
Obtains access to the information in a personal capacity;
Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services;
Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body;
Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so;
Uses the information solely in relation to the management of their personal funds and not as a trader to the public or for the investment of corporate funds;
Does not distribute, republish or otherwise provide any information or derived works to any third party in any manner or use or process information or derived works for any commercial purposes.
Please note, this site uses cookies. Some of the cookies are essential for parts of the site to operate and have already been set. You may delete and block all cookies from this site, but if you do, parts of the site may not work. To find out more about the cookies used on Investegate and how you can manage them, see our Privacy and Cookie Policy
To continue using Investegate, please confirm that you are a private investor as well as agreeing to our Privacy and Cookie Policy & Terms.