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Crayon Group Holding Earnings Release 2014

Feb 10, 2015

3573_rns_2015-02-10_37fa724b-9eaf-4ee7-b2b6-76134df712f5.html

Earnings Release

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Crayon Group Holding AS - Q4 2014 and full year 2014 results

Crayon Group Holding AS - Q4 2014 and full year 2014 results

(Oslo, 10 February

2015) In the fourth

quarter of 2014,

Crayon achieved an

underlying gross

profit of NOK 248.2

million and

operating

profit before

depreciation

and extraordinary

costs (EBITDA) of

NOK 57.7 million,

compared to NOK

234.0 million and

NOK 51.4 million,

respectively, for

the same period

For the full year

2014,

Crayon achieved an

underlying gross

profit of NOK 826.3

million and

operating profit

before depreciation

and extraordinary

costs (EBITDA) of

NOK 141.8 million,

compared to NOK

776.3 million and

NOK 157.3 million,

respectively, for

the same period

Net interest bearing

debt as of

31.12.2014

was 366.3 million.

Please see financial

report attached.

For additional

information:

VP Finance Knut

Ansten,

tel.: +47 994 59

086,

e-mail:

[email protected]

CFO Torgrim Takle,

tel.: +47 951 40

782,

e-mail:

[email protected]

or www.crayon.com