2024-05-11 17:08:04 ET
Aker ASA (AKAAF)
Q1 2024 Earnings Conference Call
May 8, 2024 03:00 AM ET
Company Participants
Fredrik Berge - Head of Investor Relations
Oyvind Eriksen - President & CEO
Svein Oskar Stoknes - Chief Financial Officer
Presentation
Fredrik Berge
Hi, everyone, and welcome to the Presentation of Aker's First Quarter Results 2024. My name is Fredrik Berge, and I'm Head of Investor Relations. We will start today's presentation with Aker's President and CEO, Oyvind Eriksen, who will take you through the quarterly highlights and recent developments in the portfolio. Our CFO, Svein Oskar Stoknes, will then take you through the quarterly financials in more detail. After the presentation, we will host a Q&A session, and you can submit your questions via the online platform during or after the presentation.
And with that, I hand it over to Oyvind Eriksen.
Oyvind Eriksen
Thank you, Fredrik, and good morning, everyone. Aker closed the first quarter with high activity across the portfolio and with continued momentum for growth. Important strategic initiatives are progressing as part of our active ownership agenda for long-term value creation. Two of the main events during the quarter were the completion of the refinancing of Solstad and the agreement between Aker Carbon Capture and SLB to combine their respective carbon capture businesses in a new and stronger joint venture. I'll come back with more details around this on separate slides....
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Aker ASA (AKAAF) Q1 2024 Earnings Call Transcript