NORWAY'S Kvaerner expects its 2019 full-year revenues to increase for the first time in four years to more than Nkr8 billion ($917 million) on improving work prospects after a prolonged slump, despite seeing profits more than halved in the first quarter.

The turnover target — up from previous guidance of over Nkr7 billion — would be an improvement of around Nkr800 million on last year’s tally of Nkr7.2