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    Solid result for Ulstein

    Company News // April 30, 2014

    Ulstein Group has delivered what it described as a "good" result for 2013 with operating income of NKr 2.3 billion and operating profit of NKr 318 million.

    “We have competent and hardworking employees and an organisation that provide for execution and delivery precision. The good collaboration we have with our customers and suppliers creates good and future-oriented solutions. The result will allow us to develop further, so that we can continue to develop innovative product and services to the maritime market,” said Gunvor Ulstein, CEO of Ulstein Group.

    Ulstein has more than 40 vessels on order, of which six to be built at its own yard.

    “We have worked long-term and strategically to get where we are today. Selling design and equipment packages worldwide gives good ripple effects back into the maritime cluster. High competence, extensive experience and focus on project management make deliveries of ships to agreed price, quality and time possible,” said Mrs Ulstein.

    "Inovation is a long-term priority for Ulstein, and in 2013 NKr 146 million was invested in research and development," Mrs Ulstein explained.

    "Innovation is central to the development of products and services and the creation of new ones. Through close collaboration internally and with other maritime businesses, we will continue to create new and improved solutions that give added value to our customers.”

    At the end of 2013, Ulstein Group had an order backlog of NKr 2.6 billion.


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