Farstad Shipping ASA - Report 3Q 2012 and 30.09.2012

Attached please find Report 3Q 2012.

Farstad Shipping achieved an operating income of NOK 958.8 million for the 3rd quarter.  The operating profit (EBIT) was NOK 213.6 million. The profit after taxes was NOK 122.8 million.

The operating income at 30.09.12 was NOK 2,798.0 million. The operating profit (EBIT) was NOK 578.3 million. The profit after taxes was NOK 280.6 million.

Contacts for further information:

CEO Karl-Johan Bakken -    +47 901 05 697
CFO Torstein L. Stavseng -  +47 911 07 001

Farstad Shipping`s fleet currently consists of 56 vessels (29 AHTS, 24 PSV and 3 SUBSEA) and 5 PSV and 4 AHTS under construction. The company`s operations are managed from Aalesund, Aberdeen, Melbourne, Perth, Singapore, Macaé and Rio de Janeiro with a total of 2000 employees engaged onshore and offshore. The company`s strategy is to be a leading quality provider of large, modern offshore service vessels to the oil industry. The company maintains a long-term charter profile for the fleet.





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

This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients.

The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and other applicable laws; and
(ii) they are solely responsible for the content, accuracy and originality of the
information contained therein.

Source: Farstad Shipping ASA via Thomson Reuters ONE

Stock Market XML and JSON Data API provided by FinancialContent Services, Inc.
Nasdaq quotes delayed at least 15 minutes, all others at least 20 minutes.
Markets are closed on certain holidays. Stock Market Holiday List
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.
Press Release Service provided by PRConnect.
Stock quotes supplied by Six Financial
Postage Rates Bots go here