As previously communicated, particular challenges occurred at some of the yards in 2007. Management introduced measures to address these challenges and improve the situation, and the implementation of them continued throughout the year.
Given the variety of measures taken, the Board of Directors has decided to give company management all the time available to prudently conclude the figures for 2007. Preliminary information shows that the results for 2007 may be somewhat below previous guidance.
The preliminary annual results of Aker Yards ASA will therefore be presented on March 3rd 2008 at 0830. The invitation to the presentation will be sent in a separate release.
Revised financial calendar 2008:
4th quarter results 2007 / preliminary annual result 2007: 3 March 2008
Annual General Meeting: 25 April 2008
1st quarter results 2008: 7 May 2008
2nd quarter results 2008: 15 August 2008
3rd quarter results 2008: 5 November 2008
The dates are subject to change.
For further information, please contact:
Leif Borge, CFO,
Phone: +47 917 86 291
Tore Langballe, SVP, Communications & IR,
Phone: +47 90 77 78 41
Elise Heidenreich, Investor Relations Manager,
Phone: +47 95 14 11 47
Aker Yards ASA is an international shipbuilding group focusing on sophisticated vessels. The group has a strong position both in terms of innovation, product range, technology, experience and capacity. The product range includes cruise vessels & ferries, merchant vessels, offshore & specialized vessels. Aker Yards comprises 18 yards in Brazil, Finland, France, Germany, Norway, Romania, Ukraine and Vietnam. Aker Yards has approximately 21,000 employees. www.akeryards.com