"New" Aker Yards reports an EBITA margin in the first quarter of 6.1 percent, despite a fall in operating revenues relative to both previous quarter as well as the corresponding quarter 2003. Order intake in the first quarter was NOK 3 104 million, resulting in an order reserve at the end of the first quarter was NOK 18 282 million compared to NOK 18 246 million at year-end 2003. The process of listing Aker Yards shares on the Oslo Stock Exchange is proceeding according to plan. The aim is to list the shares within May 2004.
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