DOCKWISE LTD : FIRST HALF 2007 RESULTS
Hamilton, Bermuda, 22 August 2007, DOCKWISE Ltd (DOCK, Norwegian OTCMarket),
announced today results for the first six months of 2007,which ended on 30 June 2007.Highlights* Revenues increased 10.2% to USD 134.9 million (USD 122.5 million in H1 2006)* Adjusted EBITDA* increased 41.7% to USD 66.1 million (USD 46.6 million in H1 2006)* Adjusted EBITDA Margin amounted to 44.7% (38.1% in H1 2006)* TOTAL backlog Dockwise Heavy Lift projects amounting to USD 147 million as of 30 June 2007* Significant milestones in TARGET growth areas achieved. André Goedée, CEO of Dockwise Ltd commented: "The first half yearresults presented today are a clear mark of the strong underlyingperformance of the Dockwise group, as evidenced by a 42% rise inadjusted EBITDA and a 10% growth in revenue."
(Quelle: ad-hoc-news.de, ein Presseportal der trading-house.net AG.)
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