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NEAS ASA (OSL:NEAS) Lysaker, 12 August 2008: NEAS with strong top line growth and significant improvement in result in second quarter 2008.
NEAS reported a turnover of NOK 112.5 million in the second quarter, a growth of 53 percent compared to the same period 2007. Operating profit before depreciation (EBITDA) was NOK 8.0 million, a significant increase from NOK 1.7 million in the same quarter last year.
Improved relations with existing customers, solid project execution and cost control are the main drivers behind the positive development.
Please see NEAS` enclosed report and presentation for the 2. quarter and first half of 2008.
For further information: Tor Rønhovde, CEO, tel: 6740 1000
About NEAS ASA NEAS is the leading Norwegian specialist in facility management. With its head office at Lysaker outside Oslo, the company has branches in Bergen, Trondheim, Stavanger, Kristiansand, Sarpsborg, Gjøvik, Tønsberg and Larvik as well as at Luleå in northern Sweden. The NEAS organisation embraces more than 360 employees.
