Bouvet had operating revenues of NOK 1 074.7 million for the first quarter of 2025, compared with NOK 1 015.7 million in the same period of last year.
Operating profit (EBIT) came to NOK 155.2 million, compared with NOK 135 million in the first quarter of 2024.
“We can look back on a quarter in which Bouvet delivered a robust performance in a market that was characterised by continued strong demand in key sectors but also stronger competition and reduced demand in some segments,” says Per Gunnar Tronsli, CEO of Bouvet ASA.
Bouvet’s operating costs, including depreciation, came to NOK 919.5 million for the first quarter, compared with NOK 880.7 million in the same period of 2024.
Representing an increase of 4.4 per cent. The EBIT margin for the first quarter was 14.4 per cent, compared with 13.3 per cent in the first quarter last year. Net profit came to NOK 121 million, compared with NOK 105.2 million for the first quarter of 2024.
Diluted earnings per share were NOK 1.16 for the quarter, compared with NOK 1.01 in the same period of last year.
Further information:
Per Gunnar Tronsli, CEO, Bouvet ASA
tel +47 900 20 622
Steffen Garder, CFO, Bouvet ASA
tel +47 930 99 940