The
Oslo-listed
offshore
vessel
owner
notched
up
fourth-quarter
net
profit
of
Nkr90.7
million
($16.1
million),
compared
with
Nkr15.8
million
a
year
earlier,
as
earnings
before
interest,
tax,
depreciation
and
amortisation
leaped
55%
to
a
new
high
of
Nkr113.7
million
on
18%
higher
operating
income
of
Nkr215.6
million.
It
recorded
a
full-year
net
profit
of
Nkr199.2
million,
a
hike
of
79%
from
2011,
as
EBITDA
increased
to
Nkr376.7
million
from
Nkr267
million
due
to
a
25%
surge
in
revenue
to
Nkr781.2
million.
Rieber,
with
a
contract
backlog
of
Nkr2.8
billion
and
capacity
utilisation
of
94%
last
year,
is
building
up
its
fleet
of…
