1 Rekommendera Logga in | Skapa konto Sök aktier och nyheter Hem Aktier Valuta Marknader Nyheter Mina portföljer Debatt Cockpit Webshop Hem » Nyheter » Aker Solutions on Tr.. Valuta Valutaomvandlare Valuta i realtid USD / SEK EUR / SEK EUR / USD Verktyg EI Pluspaket Cockpit Trenden Pengamaskinen Aktiealarm RSS Feed Aktier Sektorer Top-Flop OMX Stockholm Mid Cap PI Ekonomisk Kalender Råvaror Alla råvaror Guld Brent olja WTI olja Silver Related content 2016-06-07 07:00:04 Aker Solutions on Track to Reach Improvement Goals 1 Rekommendera June 7, 2016 - Aker Solutions is making good progress in reaching a goal of boosting cost-efficiency in all areas of the company by at least 30 percent as part of a broader effort to strengthen its competitiveness amid current market challenges. A quarter of the targeted improvement will be achieved this year, helping to achieve potential annualized cost-savings of at least NOK 9 billion by the end of 2017, based on the 2015 cost base and work volumes. The improvements are expected to speed up next year as longer-term processes take hold. "We're simplifying how we work and standardizing our products and services to drive through savings and become more competitive," Chief Executive Officer Luis Araujo said in a presentation Tuesday to investors in Fornebu, outside Oslo. "These efforts are supporting our margins and we are winning new work through increased collaboration with customers and industry participants on key projects and technology." Aker Solutions over the past two years formed alliances with peers including Baker Hughes, ABB, MAN Diesel & Turbo and Saipem. They span the entire subsea value chain from the reservoir, to the seabed and up to the topside. These are partnerships with leaders in their fields whose competence and technology complement Aker Solutions' subsea capabilities. The company on Monday announced a contract valued at more than NOK 1 billion to deliver its longest-ever umbilicals system at the Zohr gas field offshore Egypt. Today it announced a three-year contract extension from Total to provide maintenance and operations services at the Elgin and Franklin fields in the UK North Sea. This work is valued at more than NOK 400 million. "We have a healthy order backlog and solid financial position underpinned by our continuous improvement efforts and consistently strong execution on major projects worldwide," said Araujo. "We are building on all of this with key collaborations that boost our competitiveness, particularly in the subsea area." ENDS For further information, please contact: Media: Bunny Nooryani, Chief Communications Officer, Aker Solutions. Tel: +47 67 59 42 71, Mob: +47 480 27 575, E-mail: [email protected]Anne Cecilie Lund-Andersen, Media Relations Manager, Aker Solutions. Tel: +47 22 94 74 52, Mob: +47 99 62 12 13, E-mail: anne.cecilie.lund- [email protected]Investors: David Phillips, Head of Industry & Investor Relations, Aker Solutions. Tel: +44 208 Mest lästa nyheter 24 timmar 1 Överskott för staten i maj 2 Auriant Mining AB (publ.) tillkännager Sergey Baykalovs avgång 3 NP3 genomför riktad nyemission om 10 miljoner kronor som betalning vid förvärv 4 Den 100:e operationen med Episealerimplantat genomfördes vid Charité Universitätsmedizin i Berlin, Tyskland AllTele Allmänna Svenska Telef Köpa Axis AB Sälja BillerudKorsnäs AB Köpa Corem Property Group AB Köpa Feedback 48 timmar 1 vecka Pengamaskinen
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Aker Solutions on Track to Reach Improvement Goals
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1Rekommendera
Logga in | Skapa konto
Sök aktier och nyheter
Hem Aktier Valuta Marknader Nyheter Mina portföljer Debatt Cockpit Webshop
Hem » Nyheter » Aker Solutions on Tr..
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Valuta i realtid
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RSS Feed
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OMX Stockholm
Mid Cap PI
Ekonomisk
Kalender
Råvaror
Alla råvaror
Guld
Brent olja
WTI olja
Silver
Related content
2016-06-07 07:00:04
Aker Solutions on Track to ReachImprovement Goals
1Rekommendera
June 7, 2016 - Aker Solutions ismaking good progress in reachinga goal of boosting cost-efficiency in all areas of the company by at least 30percent as part of a broader effort to strengthen its competitiveness amidcurrent market challenges.
A quarter of the targeted improvement will be achieved this year, helping to achievepotential annualized cost-savings of at least NOK 9 billion by the end of 2017, basedon the 2015 cost base and work volumes. The improvements are expected to speedup next year as longer-term processes take hold.
"We're simplifying how we work and standardizing our products and services todrive through savings and become more competitive," Chief Executive Officer LuisAraujo said in a presentation Tuesday to investors in Fornebu, outside Oslo. "Theseefforts are supporting our margins and we are winning new work through increasedcollaboration with customers and industry participants on key projects andtechnology."
Aker Solutions over the past two years formed alliances with peers including BakerHughes, ABB, MAN Diesel & Turbo and Saipem. They span the entire subsea valuechain from the reservoir, to the seabed and up to the topside. These arepartnerships with leaders in their fields whose competence and technologycomplement Aker Solutions' subsea capabilities.
The company on Monday announced a contract valued at more than NOK 1 billion todeliver its longest-ever umbilicals system at the Zohr gas field offshore Egypt. Todayit announced a three-year contract extension from Total to provide maintenance andoperations services at the Elgin and Franklin fields in the UK North Sea. This work isvalued at more than NOK 400 million.
"We have a healthy order backlog and solid financial position underpinned by ourcontinuous improvement efforts and consistently strong execution on major projectsworldwide," said Araujo. "We are building on all of this with key collaborations thatboost our competitiveness, particularly in the subsea area."
Aker Solutions is a global provider of products, systems and services to the oil andgas industry. Its engineering, design and technology bring discoveries intoproduction and maximize recovery. The company employs approximately 15,000people in about 20 countries. Go to http://akersolutions.com for more informationon our business, people and values.
This press release may include forward-looking information or statements and issubject to our disclaimer, see http://akersolutions.com
Aker Solutions - Investor Day 2016
This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf ofNASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content,accuracy and originality of the information contained therein.
Source: Aker Solutions ASA via Globenewswire
HUG#2018411
Attachment: 749169.pdf
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16:20 Auction details treasury bills
13:14
Den 100:e operationen medEpisealerimplantat genomfördes vidCharité Universitätsmedizin i Berlin,Tyskland
11:00NP3 genomför riktad nyemission om 10miljoner kronor som betalning vidförvärv
10:00Auriant Mining AB (publ.) tillkännagerSergey Baykalovs avgång
09:30 Överskott för staten i maj
07 junSaga Furs Oyj:s pälsauktion inleds imorgon
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