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Lower income and profits
In the second quarter of 2009, operating income for listed enterprises totalled NOK 284 billion, decreasing from NOK 291 billion in the first quarter of 2009 and NOK 379 billion in the second quarter of 2008.
Operating margin was 11.0 per cent in the second quarter of 2009, falling from 13.4 per cent in the first quarter of 2009 and 22.4 per cent in the second quarter of 2008. The fourth quarter of 2008 apart, this is the lowest operating margin since 2003.
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