Strong performance founded on collective efforts and long-term perspective

Bouvet had operating revenues of NOK 1 015.7 million for the first quarter of 2024, compared with NOK 945.1 million in the same period of last year.

Operating profit (EBIT) came to NOK 135 million, compared with NOK 131.6 million in the first quarter of 2023.

“The first quarter of 2024 was very good for Bouvet, with robust revenue growth, strong profitability and many new, committed Bouveters joining the team. We are proud of and pleased with the results achieved and the value we have managed to create together,” says Per Gunnar Tronsli, CEO of Bouvet ASA.

Bouvet’s operating costs, including depreciation, came to NOK 880.7 million for the first quarter, compared with NOK 813.5 million in the same period of 2023. That represents an increase of 8.3 per cent.

The EBIT margin for the first quarter was 13.3 per cent, compared with 13.9 per cent in the first quarter last year.

Net profit came to NOK 105.2 million, compared with NOK 104.7 million for the first quarter of 2023. Diluted earnings per share were NOK 1.01 for the quarter, compared with NOK 1.00 in the same period of last year.

Report Q1 2024
Presentation Q1 2024

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

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