Thediversified oil and gas-to-defence industrial group reported full-year earningsafter tax of Nkr1.2 billion, versus Nkr1.3 billion in 2012, although it boostedrevenue by 4% to Nkr16.3 billion on the back of fourth-quarter turnover ofNkr4.7 billion, up 12.75% from a year earlier.
The group’sfull-year earnings before interest, tax, depreciation and amortisation of Nkr2.1billion, down from Nkr2.3 billion in the previous year, were negativelyimpacted by a drop in work for its Kongsberg Protech Systems division.
However,Kongsberg