Financial statement Q3 2016 15.11.2016

Please find attached financial statement for TTS Group ASA Q3 2016.
  • Strong 3rd quarter order intake, increased 23% from last quarter and 30% from 3rd quarter 2015
  • 3rd quarter turnover reduced 8% from
    2015, particularly due to reduced activity in the offshore sector
  • Continued improvement  in underlying operations, with an EBITDA year to date of MNOK 100, compared to MNOK 42 in the same period 2015
  • Good visibility for 2016 turnover

Financial statement