Kvaerner swung to pretax profit in first quarter

Article Abstract:

Kvaerner ASA posted an increase in its pretax profits for the 2000 first-quarter. The company posted 10 million Norwegian kroner (1.2 million euros) in pretax profits for the period, compared to a 4.86 billion kroner loss during the same period in 1999.

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Kvaerner says it could run out of money soon

Article Abstract:

Kvaerner ASA announced that it could run out of funds as early as Monday. The Anglo-Norwegian engineering and construction firm said that bankruptcy could be an option for it.

Organizational history, Abstract

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Kvaerner returned to pretax profit in the first half

Article Abstract:

Kvaerner ASA posted a pretax profit of 155 million Norwegian kroner for the first 6 months of 2000 from a loss of 4.8 billion kroner a year earlier.

Author: Lee, Charlene

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Subjects list: Finance, Transportation equipment industry, Norway, Shipbuilding industry, Kvaerner ASA
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