Pure Oil Service Player Focusing News

Aker Solutions' operating revenues in the second quarter of 2011 were NOK 7.8 billion. Earnings before interest, tax, depreciation and amortisation amounted to NOK 636 million. Order intake in the quarter was NOK 14.3 billion. "We have a strong order intake which reflects high tendering and activity levels across all business segments. In fact, our order backlog has increased 19 percent since the beginning of the year. This is in line with our long term growth plan. However, this quarter has also provided us with some reminders about the importance of further improving our operational performance," says Øyvind Eriksen, executive chairman of Aker Solutions. Second quarter consolidated revenues was NOK 7 809 million, compared with NOK 8 096 million in the same period in 2010.