Bouvet continue to make progress

Bouvet had operating revenues of NOK 833 million for the second quarter of 2023, compared with NOK 729 million in the same period of last year. Operating profit (EBIT) came to NOK 89 million, compared with NOK 89.2 million in the second quarter of 2022.

 

For the first six months Bouvet had operating revenues of NOK 1 778.1 million, compared with NOK 1 540.1 million in the same period last year. For the same period, the operating profit ended at NOK 220.7 million, compared with NOK 212 million in the same period of 2022.

“The significance of digitalisation for operations at our clients has never been greater. This has created a society in recent years where people meet digital solutions wherever they turn. And that trend is ongoing. Technology optimism and curiosity about digitalisation’s potential are constantly increasing. This curiosity is driven by huge progress, particularly with artificial intelligence (AI). At the same time, it means that the need for Bouvet’s expertise will only increase in the future,” says Per Gunnar Tronsli, CEO of Bouvet ASA.

Bouvet’s operating costs, including depreciation, came to NOK 744 million for the second quarter, compared with NOK 639.8 million in the same period of 2022.

The EBIT margin for the second quarter was 10.7 per cent, compared with 12.2 per cent in the second quarter last year.

Net profit came to NOK 69.4 million, compared with NOK 69.8 million for the second quarter of 2022. Diluted earnings per share were NOK 0.66 for the quarter, compared with NOK 0.66 in the same period of last year.

Report Q2 2023
Presentation Q2 2023

Further information from:
er Gunnar Tronsli, CEO, Bouvet ASA
tel +47 900 20 622

Trude Hole, CFO, Bouvet ASA
tel +47 977 10 344