CEO David Wells is scheduled to present at the DNB Annual Small & Medium Enterprises Conference in Oslo today.

View the presentation here.

For further information, please contact:

Investors and financial media

Kim Boman, CFO, Aqualis ASA
Telephone: +47 959 63 912
Email: kim.boman@aqualis.no

Other media enquiries

Endre Johansen, Corporate Communications AS
Telephone: +47 41 61 06 05
Email: endre.johansen@corpcom.no

About Aqualis ASA

Aqualis ASA (OSE: Aqua) is a public company that, through its subsidiaries and associates, offers energy consultancy services to the offshore oil, gas and renewables sectors globally. The group employs experienced consultants across 19 offices in 15 countries worldwide. Aqualis ASA operates under two different brands: AqualisBraemar and Offshore Wind Consultants. AqualisBraemar is a specialised offshore marine and engineering consultancy firm, focusing on the shallow and deep-water offshore segments of the oil and gas industry. Offshore Wind Consultants is a globally focused consultancy providing independent services to the offshore renewables industry.

Oslo, Norway – April 1, 2019: Today the Board of Directors of Aqualis ASA (“Aqualis” or the “Company”) approved the 2018 annual consolidated financial statements prepared in accordance with International Financial Reporting Standards (“IFRS”). There are no changes in the net profit and total equity as compared to the preliminary annual financial results presented on 28 February 2019. The Company will make available an electronic version of the 2018 annual report to the shareholders at the latest three weeks before the Annual General Meeting.

For further information, please contact:

Investors and financial media

Kim Boman, CFO, Aqualis ASA
Telephone: +47 959 63 912
Email: kim.boman@aqualis.no

Other media enquiries

Endre Johansen, Corporate Communications AS
Telephone: +47 41 61 06 05
Email: endre.johansen@corpcom.no

About Aqualis ASA

Aqualis ASA (OSE: Aqua) is a public company that, through its subsidiaries and associates, offers energy consultancy services to the offshore oil, gas and renewables sectors globally. The group employs experienced consultants across 19 offices in 15 countries worldwide. Aqualis ASA operates under two different brands: AqualisBraemar and Offshore Wind Consultants. AqualisBraemar is a specialised offshore marine and engineering consultancy firm, focusing on the shallow and deep-water offshore segments of the oil and gas industry. Offshore Wind Consultants is a globally focused consultancy providing independent services to the offshore renewables industry.

Oslo, 28 January 2019:

Ian Bonnon, managing director of Offshore Wind Consultants which is owned 100% by Aqualis ASA, has transferred 46,814 number of shares at an average sales price of NOK 0.00 per share to certain employees. In connection with Aqualis’ acquisition of Offshore Wind Consultants Limited in July 2014, Ian Bonnon entered into agreement to transfer these shares at a later date given fulfilment of certain conditions.

Following this transaction Ian Bonnon holds 508,260 shares in total.

This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

For further information, please contact:

Investors and financial media

Kim Boman, CFO, Aqualis ASA Telephone: +47 959 63 912 Email: kim.boman@aqualis.no

Other media enquiries

Endre Johansen, Corporate Communications AS Telephone: +47 41 61 06 05 Email: endre.johansen@corpcom.no

About Aqualis ASA

Aqualis ASA (OSE: Aqua) is a public company that, through its subsidiaries and associates, offers energy consultancy services to the offshore oil, gas and renewables sectors globally. The group employs experienced consultants across 18 offices in 15 countries worldwide. Aqualis ASA operates under two different brands: AqualisBraemar and Offshore Wind Consultants. AqualisBraemar is a specialised offshore marine and engineering consultancy firm, focusing on the shallow and deep-water offshore segments of the oil and gas industry. Offshore Wind Consultants is a globally focused consultancy providing independent services to the offshore renewables industry.

FINANCIAL YEAR 2018 

28.02.2019 – Quarterly Report – Q4

12.04.2019 – Annual Report

FINANCIAL YEAR 2019

30.07.2019 – Half-yearly Report

13.05.2019 – Annual General Meeting

25.04.2019 – Quarterly Report – Q1

24.10.2019 – Quarterly Report – Q3

The dates are subject to change

For further information, please contact:

Kim Boman, CFO
+47 959 63 912
kim.boman@aqualis.no

This information is published pursuant to the requirements set out in the Continuing obligations.

Oslo, 6 December 2018 – The Board of Directors of Aqualis ASA (the “Company”) has approved an update of section 7 in its’ Corporate Governance Policy related to dividend policy. 

The revised dividend policy is: The Board shall aim to maintain an equity ratio in the Company satisfactory in light of the company’s goals, strategy and risk profile. The Board’s authorities to expand capital and to buy the Company’s own shares are and will be given until the next ordinary General Meeting. It is an objective of the Company to generate high and stable returns, which is at least on the same level as other investment possibilities with comparable risk. This should be achieved, first and foremost, through strong and profitable growth within the Company’s business areas.

Aqualis’ ambition is to pay a cash dividend that is following its long-term underlying cash flow. When deciding the dividend amount, the Aqualis Board of Directors will consider the group’s financial strength, cash flow, investment needs and growth opportunities and a level of financial flexibility that is appropriate for the Aqualis business model. Aqualis may pay a cash dividend and/or buy back its own shares as part of its plan to distribute capital to its’ shareholders. 

For further information, please contact:

Investors and financial media

Kim Boman, CFO, Aqualis ASA Telephone: +47 959 63 912 Email: kim.boman@aqualis.no

Other media enquiries

Endre Johansen, Corporate Communications AS Telephone: +47 41 61 06 05 Email: endre.johansen@corpcom.no

About Aqualis ASA

Aqualis ASA (OSE: Aqua) is a public company that, through its subsidiaries and associates, offers energy consultancy services to the offshore oil, gas and renewables sectors globally. The group employs experienced consultants across 18 offices in 14 countries worldwide. Aqualis ASA operates under two different brands: AqualisBraemar and Offshore Wind Consultants. AqualisBraemar is a specialised offshore marine and engineering consultancy firm, focusing on the shallow and deep-water offshore segments of the oil and gas industry. Offshore Wind Consultants is a globally focused consultancy providing independent services to the offshore renewables industry.

Oslo, Norway – October 25, 2018

STRONG OPERATIONAL CASHFLOW

Key highlights

• Revenues of USD 8.6 million in Q3 2018 vs. USD 7.3 million in Q3 2017
• Operating profit (EBIT) of USD 0.6 million in Q3 2018 vs USD 0.1 million in Q3 2017
• Adjusted EBIT of USD 0.6 million in Q3 2018 vs USD 0.2 million in Q3 2017
• Positive operational cash flow of USD 0.7m in Q3 2018
• Strong billing ratio of 82% in Q3 2018
• Completed the 2000th jack up rig move attendance
• Continued solid HSE performance and no lost time incidents (LTIs) during the quarter
• Robust financial position with cash balance of USD 5.8 million
• The oil & gas market remains challenging but with increasing signs of recovery
• Activity in offshore wind market still remains high and new contracts have been secured
• Successful startup of new office in Taiwan
• Order backlog at USD 6.4 million with increase in pipeline of opportunities

David Wells, CEO of Aqualis ASA said: “Aqualis has delivered strong execution globally across most of our entities despite the market remaining very competitive with pressure on pricing.

The prolonged downturn has altered the competitive landscape across our regions, creating both opportunities and challenges. Our aim is to strengthen our market positions both through organic growth and capitalizing on M&A opportunities.

The activity in the offshore wind sector remains high. We have established a new office in Taiwan to support the fast growing Taiwanese offshore wind sector. We are excited about our ongoing global expansion and opportunities to expand our offshore wind business in emerging markets.”

For more information, please see the attached third quarter 2018 report.

Morning program: A presentation is scheduled the same day at 8:00 am CET at SpareBank 1 Markets’ office at Olav Vs gate 5, 0161 Oslo.

The presentation, held in English, will be webcasted live and available for replay shortly after. To watch the webcast over the internet, please visit Aqualis’ web site, www.aqualis.no, at least 10 minutes early to download and install any necessary software.

The earnings release concerning the third quarter 2018 results and a corresponding slide presentation will be posted on www.newsweb.no and on Aqualis’ website www.aqualisbraemar.com.

Q3 2018 presentation

Q3-2018 report

We hereby declare that due to a trade of 1,000,000 shares done by Danica Pension Försäkringsaktiebolag 19th September 2018, Danske Bank A/S as per 20th September 2018 indirectly holds 2,468,886 shares and votes in Aqualis ASA through Danica Pension Försäkringsaktiebolag. This holding represents 5.83753 % of the total share capital and total no of voting rights in Aqualis ASA.

Asker, 20 September 2018: The following primary insiders have purchased shares in Aqualis ASA

Kim Boman, CFO, acquired 100,000 shares at an average purchase price of NOK 4,33 per share. Following this transaction, Kim Boman holds 500,000 shares in total.

Amish Sanghavi, Group Controller, acquired 100,000 shares at an average purchase price of NOK 4,33 per share. Following this transaction, Amish Sanghavi holds 276,994 shares in total.