Second-half and fourth-quarter 2011 earnings

Infratek - Highlights fourth-quarter 2011
 
•          8 percent increase in turnover relative to the same period last year – NOK 906 million during the quarter
•          Operating profit of NOK 34.8 million, same quarter last year ended at 38.3 million adjusted for positive net pension effect of NOK 35.6 million due to changes in regulations of pensions
•          Development of underlying operation is satisfactory and the order stock going into 2012 is good
•          Awarded the first contract Vattenfall exposed to competition
•          Change in accounting policy for pensions affect the income statement and balance sheet
•          Board proposes a dividend of NOK 1.5 per share


For further comments and key figures please see the enclosed shareholders report.
 
Infratek ASA
Oslo, 17 February 2012  

For further information, please contact:
Vibecke Skjolde, CFO: + 47 916 62 110  

Shareholder report

Published: 17 February 2012