Seistar Holding notched up a 34-percent profit margin last year. Delivery of the group’s new well boat is scheduled for this fall, and already has a long-term contract inked.
Turnover last year came to NOK 111.5 million (€12 million/$13.4 million) for the group, three percent over 2014. Operating profit improved by 33 percent to NOK 37.9 million (€4.1 million/$4.5 million). Last year’s profit margin thus ended up at 34 percent, up 29.2 percent from the previous year.
Leroy Seafood Group, which is one of the company’s principal customers, took over 50 percent of the group’s shares in February last year.