Eqva ASA

Earnings Release • Aug 29, 2019

HAVYARD GROUP ASA - 2019 Q2 results

HAVYARD GROUP ASA - 2019 Q2 results

HAVYARD GROUP ASA - 2019 Q2 results

- EBIT of NOK - 49.5 million (-6.2 %)in second quarter of 2019.

- EBIT of NOK - 38.8 million (-2.5 %)in first half of 2019.

The Group's operating profit (EBIT) in the second quarter was strongly affected by new provisions related to two projects to be completed during Q4 2019 at Havyard Ship Technology. The other business areas deliver in line with expectations during the period.

Please see enclosed reports.

For further information, please contact:

Geir Johan Bakke, CEO +47 48 18 00 11

Pål Aurvåg, CFO +47 95 00 50 04

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