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Financial strategy


Financial strategy
Oceanteam has a disciplined financial strategy.

The company is exposed to financial risk in different areas. Financial risks include interest rate and currency fluctuations, investment and trading risks in general. The overall strategy to reduce currency risk is largely based on natural hedging. Natural hedging means having revenue and costs in the same currency on a project basis. In some cases, the company’s interest rates strategy includes the use of interest swap agreements for loans.

Oceanteam ASA reaches agreement with majority of bond holders on refinancing of bond loan agreement

Apr 12 2017 Following the announcement of Oceanteam ASA ("Oceanteam" or "Company") on 12 January 2017 having reached an understanding with its bondholders on refinancing its current bond loan agreement, the Norwegian-Dutch offshore service provider with a listing on the Oslo Stock Exchange, today announces it has made the next step forward by reaching an agreement with a qualified majority...

Oceanteam ASA reports revenues of US$ 11.2 million in fourth quarter 2016

Feb 28 2017 Oslo/ Amsterdam – 28 February 2017. Oceanteam ASA has recorded US$ 11.2 million revenues from operations and an EBITDA of US$ 2.8 million in the fourth quarter of 2016. Although faced with a nett loss of US$ 3.1 million in the fourth quarter of 2016, the Dutch-Norwegian offshore service provider is fully on track for future growth, says CEO Haico Halbesma who...

Invitation to Q4 2016 investor presentation

Feb 15 2017 Oceanteam ASA cordially invites you to attend a corporate presentation of the company’s  Q4 2016 results The presentation will be held in Oslo: Tuesday, 28 February 2017, 08:00 CET Hotel Continental Stortingsgaten 24/26 N-0117 Oslo To participate please RSVP to: info@oceanteam.no
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