Scanship Holding ASA presented their 2H 2018 and full year 2018 financials today. The company continues to show strong growth and improves their profitability. All-time high orderbook at NOK 655 million.
Revenue for 2H 2018 amounted to NOK 183 million, up 41% from the same period last year and on a full year basis revenue increased by 33% to NOK 330 million. EBITDA for second half of NOK 23 million, up 57% from the same period last year and up 56% on a full-year basis to NOK 39 million. The EBITDA margin improved to 12.5% in the second half and 11.9% on a full-year basis. The orderbook is all-time high at NOK 656 million, excluding potential options of NOK 200 million.
Please see video of CEO Henrik Badin commenting on the financial results:
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