Wednesday, March 18, 2015

Millions surging into Fjord1 – Bergens Tidende

– Why should we not operate abroad, ask Dagfinn Neteland.

After six months as CEO for Fjord1 he can today present a profit before tax of approximately NOK 111 million in 2014 – an increase 84 million from 2013.

The company is one of the largest transport companies in Norway, but Neteland look at the increased road and bridge-building in the country as a challenge in the long term for the ferry company.

– There are many ferries abroad also and we have to think further, says Neteland.

– Fjord1 must tena more pengar

The new top boss is butting that lønsemda must aukast.

Will do Fjord1 attractive

The company today Sogn og Fjordane county as the largest shareholder with 59 percent of the shares. The rest is the family Sævig from Fosnavaag as owner. It is the same family that owns both offshore company Havilah shipbuilding group Havyard.

Neteland will not talk about ownership, but admits that Sogn og Fjordane county has discussed whether it is right for them to own the company. Even is Neteland keen to run the company as possible.

– We will create good results that make it attractive to own company, he said.



Result of processes

The good result for 2014 ascribes the President a number of internal processes they’ve been through.

– We’ve had some difficult years and we have been through some processes. The results of these processes we see now, he said.

Specifically he refers to, among other things that the company has merged two administrations.

This year’s good result also leads to the company pay dividends to shareholders for 2014, for the first time in several years.

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