AKVA Group Q1 profit masks drought in land-based orders

While posting an increase in core operating profit, the Norwegian equipment supplier said it had no major land-based deals in the pipeline.

AKVA Group, led by CEO Knute Nesse, said profitability was still below its expectations. — AKVA Group, led by CEO Knute Nesse, said profitability was still below its expectations.Photo: IntraFish

Dominic Welling

Correspondent

Published 3 May 2024, 09:39Updated 23 May 2024, 08:31

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