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AF Gruppen

Earnings Release Aug 22, 2024

3522_iss_2024-08-22_7427a952-7350-49b0-8b6b-0a0c561b670c.html

Earnings Release

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AF Gruppen adjusts result estimate in offshore project

AF Gruppen adjusts result estimate in offshore project

AF Gruppen makes further negative adjustments to the result estimate in one of its offshore projects. The project is revised downwards by around MNOK 240 and the adjustments are related to an offshore project being carried out on the Dutch continental shelf. The project was also mentioned and adjusted downwards in the second half of 2023.

AF Gruppen expects to report a slightly positive result before tax for Q2 2024.

For further information:

Amund Tøftum, CEO, tel.: +47 920 26 712

Anny Øen, CFO, tel.: +47 982 23 116

AF Gruppen will publish the results for Q2 2024 on August 30 at 07:00 am CET.

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