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Elmera Group ASA

Earnings Release May 8, 2018

3591_rns_2018-05-08_2887b21e-2a9e-4482-a1a8-9a7c1229c863.html

Earnings Release

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Fjordkraft Holding ASA: Q1 2018 Results

Fjordkraft Holding ASA: Q1 2018 Results

Highlights Q1 2018

- Adjusted net revenue of 314 NOKm, representing a 16% YoY growth.

- 13% YoY increase in volume sold due to growth in number of deliveries and colder than normal weather.

- Adjusted EBIT of 146 NOKm, up 3% YoY.

- Positive organic growth in all segments.

- The acquisition of TrønderEnergi Marked was completed 18th April.

The results will be presented at 08:30 CEST by CEO Rolf Barmen and CFO Birte Strander. The presentation will take place at Felix Konferansesenter, Bryggetorget 3, 0125 Oslo. The presentation will be held in English and will be webcasted at investor.fjordkraft.no.

For further queries, please contact:

Morten A. W. Opdal, Investor Relations, +47 970 62 526

This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act

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