Bergen Group on the mendYard News // June 5, 2013
In the first quarter of 2013, Bergen Group was able to show an improvement in operating profit compared to the previous four quarters. The deficit has been reduced significantly, and the group's orderbooks are increasing.
"We are heading in the right direction, but cannot be satisfied before we have regained healthy, stable profitability in all our divisions", said the company's CEO Asle Solheim.
Mr Solheim, who replaced Terje Arnesen three weeks ago, is still cautious, but is clear that the basis for profitable growth in the years to come is present.
"Bergen Group has a good foundation for a very exciting development. This requires that we are able to make money in all our divisions. We have to acknowledge that we have not been good enough in this area. However, we are on the right track", he said, noting that the group's operating result for the first quarter was the best since the fourth quarter of 2011.