STX – Offshore Specialized Vessels continues with record earnings
The Offshore & Specialized Vessels business area had a record EBITDA in the second quarter of NOK 298 million and the Cruise & Ferries business area had an EBITDA of NOK -92 million.
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STX – Offshore & Specialized Vessels continues with record earnings
STX Europe reported an EBITDA of NOK 205 million for the second quarter of 2010 which is an increase from NOK 75 million in the second quarter 2009.
The Offshore & Specialized Vessels business area had a record EBITDA in the second quarter of NOK 298 million and the Cruise & Ferries business area had an EBITDA of NOK -92 million.
During the second quarter 2010 STX Europe received orders for NOK 12.4 billion and increased its order backlog to NOK 28.8 billion comprising 50 vessels. After the end of the second quarter the order intake has been 17 vessels with a total contract value of approximately NOK 6.9 billion.
The overall operational performance of STX Europe’s shipyards has been good during the first half 2010 and the company delivered a total of 14 vessels, of which seven were delivered in the second quarter.
