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This is an archived release.
Income down but profit up
Listed enterprises had NOK 291 billion in operating income in the 1st quarter of 2009. This was down from NOK 356 billion and NOK 352 billion in the 4th quarter and 1st quarter of 2008 respectively. However, operating profit rose from the previous quarter.
Operating profit went up from NOK 30 billion in the 4th quarter of last year to NOK 44 billion in the 1st quarter of this year. In the same period, the operating result before tax increased from a deficit of NOK 8 billion to a surplus of NOK 39 billion. Nevertheless, operating profit and operating result before tax in the 1st quarter of 2009 were lower than in the same period last year.
The operating profit margin was 15.2 per cent in the 1st quarter of 2009. In the 4th quarter of 2008 it was 8.3 per cent, and in the 1st quarter of 2008 it was 17.1 per cent.
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