AMSC ASA - First quarter 2024 results
Lysaker, 15 May 2024, AMSC ASA (“AMSC” or the “Company”) announces results for the first quarter ending 31 March 2024. HIGHLIGHTS · On 16 January 2024 AMSC completed its NOK 1.0 bn contribution in kind of 100% of the shares in Offshore Leasing I AS (“OSL1”) against a 21.1% shareholding in Solstad Maritime Holding AS (“Solstad Maritime”). The book gain on the sale of OSL1 during Q1 2024 was NOK 370.4 million. · During Q1 2024, AMSC recognized its share of profit of NOK 25.1 million relating to its investment in Solstad Maritime. · Declared Q1 2024 dividend of NOK 0.55 per share.