Endúr (ENDUR)

TekBot · april 22, 2021, 1:39pm

Endúr ASA - Correction - Disclosure of large shareholding

TekBot · april 30, 2021, 6:48am

Endúr ASA: annual report 2020

30 April 2021 - Endúr ASA has today published its annual report for 2020.

The annual report, as approved by the company’s Board of Directors, is enclosed with this announcement and also available on the company’s website: Financial Reports | Endur
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There are certain deviations between the full-year 2020 interim results that were published on 26 February 2021 and the annual report that is published today. The Endúr group’s operating profit/loss is reported at NOK -516.9 million, a difference of NOK -61.4 million relative to what was reported with the interim results. The difference is largely the result of (i) an end-of-year goodwill impairment of NOK -42.3 million related to group company Endúr Maritime AS, and (ii) an impairment of NOK - 14.9 million related to a right-of-use asset in ØPD AS, a group subsidiary that filed for bankruptcy shortly after year-end.

As communicated with the interim results, Endúr’s 2020 result was materially adversely impacted by the bankruptcy in ØPD AS early in 2021. The total negative contribution to the group’s operating result attributable to ØPD and the subsequent bankruptcy was NOK 442.5 million, of which NOK 199 million (out of the total ØPD goodwill impairment of NOK 418.6 million) derived from an IFRS adjustment / increase in consideration due to a share price increase from announcement to the closing date of Endúr’s 2020 merger with Oceano AS, ØPD’s former parent company, and involved zero net change to Endúr ASA’s book equity.

This information is subject to the disclosure requirements set out in section 5-12 of the Norwegian Securities Trading Act.

About Endúr ASA
Endúr ASA (OSE: ENDUR) is a leading supplier of construction and maintenance projects and services for marine infrastructure, including facilities for land-based aquaculture, quays, harbours, dams, bridges and other specialised concrete and steel projects. The company and its subsidiaries also offer a wide range of other specialised project and marine services. Endúr ASA is headquartered in Bergen, Norway. See www.endur.no

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TekBot · april 30, 2021, 10:00am

Endúr ASA: Innkalling til ordinær generalforsamling

Endúr ASA innkaller herved til ordinær generalforsamling den 21. mai 2021 kl. 11.00 CET.

Agenda på den ordinære generalforsamlingen er blant annet valg av nye styremedlemmer, godkjennelse av årsregnskapet og årsberetningen for regnskapsåret 2020, behandling av styrets retningslinjer om fastsettelse av lønn og annen godtgjørelse til ledende ansatte etter allmennaksjeloven § 6-16a og styrefullmakt til kapitalforhøyelse (Aksjekjøpsprogram og Opsjonsprogram).
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Innkallingen til generalforsamlingen, inkludert påmeldings- og fullmaktsskjema er vedlagt denne børsmeldingen og er også publisert på selskapets hjemmeside www.endur.no.

Generalforsamlingen finner sted i lokalene til Wikborg Rein Advokatfirma AS i Dronning Mauds gate 11, 0250 Oslo. På grunn av den pågående Covid 19-pandemien oppfordres aksjeeiere til ikke å møte fysisk, men delta enten digitalt, eller ved fullmektig. Informasjon om hvordan man kan delta digitalt er redegjort for i innkallingen.

For ytterligere informasjon, vennligst kontakt:

Media
Hans Olav Storkås, CEO i Endúr, tel: +47 901 22 744

Investorer
Lasse B. Kjelsås, CFO i Endúr, tel: +47 908 49 772

Kilde

TekBot · mai 11, 2021, 11:50am

Endúr ASA: Innstilling fra valgkomitéen

Det vises til innkalling til ordinær generalforsamling i Endúr ASA (“Selskapet”) datert 30. april 2021. I henhold til punkt 5 i agendaen vedrørende oppnevning av styremedlemmer, har valgkomiteen i Selskapet enstemmig innstilt Pål Reiulf Olsen som ny styreleder og Kristine Landmark og Jörn Ryberg som nye styremedlemmer. Styrevalget finner sted i forbindelse med Selskapets ordinære generalforsamling fredag den 21. mai 2021:

Olsen har mer enn 30 års erfaring som næringslivsleder og styreleder i ulike selskaper, spesielt innen finans- og energisektoren. Han har en omfattende M&A og kapitalmarkedserfaring. Olsen har vært seniorpartner i HitecVision, Direktør i First Securities ASA (tidligere Elcon Securities AS) for Corporate Finance med ansvar for Energi, Controller og Leder for strategisk planlegging i Aker ASA, samt har erfaring fra bank og revisjon. Han er utdannet Siviløkonom og statsautorisert revisor ved NHH. Olsen innstilles som styrets leder.
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Landmark har også mer enn 30 års erfaring som næringslivsleder og styremedlem i en rekke selskaper, spesielt innen produksjonsvirksomhet. Hun har særlig hatt fokus på produktutvikling, merkevarebygging, logistikk og salg- nasjonalt og globalt. Landmark innstilles som styremedlem.
Ryberg er gründer og stifter av Marcon-Gruppen i Sverige AB og har bygningsentreprenør bakgrunn. Ryberg innstilles som styremedlem.

Styret i Selskapet består i tillegg av Hedvig Bugge Reiersen og Bjørn Finnøy, og to representanter for de ansatte, Kristoffer Nesse Hope og Jorunn Helvik Ingebrigtsen.

Det er valgkomiteens oppfatning at det samlede styret representerer en god sammensetning av kompetanse og erfaring i tråd med det som selskapet behøver. Valgkomiteens fulle innstilling er vedlagt denne børsmeldingen.
Valgkomiteen består av: Espen Ommedal (leder), Henning Nordgulen og Arne Markhus.

For ytterligere informasjon, vennligst kontakt:

Media
Hans Olav Storkås, CEO i Endúr, tel: +47 901 22 744
Investorer
Lasse B. Kjelsås, CFO i Endúr, tel: +47 908 49 772

Kilde

TekBot · mai 19, 2021, 6:45am

Endúr ASA: Invitation to presentation of Q1 2021 financial results

Endúr ASA invites investors, analysts, lenders and media to a live presentation of its Q1 2021 financial results.

Date: Friday 21 May 2021
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Time: 08:00 CET
Presenters: CEO Hans Olav Storkås, CFO Lasse B. Kjelsås and group company Artec Aqua CEO Ingegjerd Eidsvik

The webcast presentation can be followed from the following URL:

https://channel.royalcast.com/landingpage/hegnarmedia/20210521_1/

Questions can be submitted during the live webcast.

The presentation material will be published at 07:00 CET on the same day.

About Endúr ASA
Endúr ASA (OSE: ENDUR) is a leading supplier of construction and maintenance projects and services for marine infrastructure, including facilities for land-based aquaculture, quays, harbours, dams, bridges and other specialised concrete and steel projects. The company and its subsidiaries also offer a wide range of other specialised project and marine services. Endúr ASA is headquartered in Bergen, Norway. See www.endur.no

Kilde

TekBot · mai 21, 2021, 5:01am

Endúr ASA: first quarter 2021 interim results

21 May 2021 – Endúr ASA (Endúr) delivered consolidated proforma revenues of NOK 424.6 million in the first quarter of 2021, down from 473.1 million in the same quarter last year primarily due to phasing of projects. The adjusted proforma EBITDA-result, excluding transaction and one-off restructuring costs, was NOK 21.6 million (NOK 45 million). Endúr’s order backlog was NOK 2.5 billion at the end of this year’s first quarter.

The consolidated proforma figures include the two acquisitions completed during the first quarter: Artec Aqua, a leading turnkey supplier of land-based aquaculture facilities and solutions, and Swedish marine infrastructure group Marcon, as well as the acquisition of BMO Entrepenør completed in Q4 2020. The proforma figures exclude the discontinued businesses ØPD AS and Endúr Industrier AS.
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“This year’s first quarter was a major transformational quarter. We completed the accretive acquisitions of Artec Aqua and Marcon, and wound down the loss-making entities of ØPD and Endúr Industrier. Plus, we onboarded a new executive management team and conducted a complete refinancing of the group’s interest-bearing debt. Going forward there will be less focus on structural changes and more emphasis on realising revenue synergies between the various Endúr entities,” says Hans Olav Storkås, CEO of Endúr.

Endúr delivered consolidated proforma revenues of NOK 424.6 million in the first quarter of 2021 (473.1) and an adjusted proforma EBITDA-result of NOK 21.6 million (45). EBIT were NOK -41.6 million (12.4). The order backlog stood at NOK 2.5 billion at the end of the first quarter.

Marine infrastructure and aquaculture solutions
Following a number of structural changes over the past year, today’s Endúr is a leading provider of marine infrastructure and land-based aquaculture solutions. Going forward, the group will conduct business segment reporting through two core business segments: Marine Infrastructure and Aquaculture Solutions, plus a third segment comprised of Endúr’s legacy businesses and group functions.

The Marine Infrastructure segment, which includes the entities BMO Entreprenør, Marcon and Installit, experienced an expected seasonally lower activity level in the first quarter. An unusually cold Swedish winter, with frozen waterways and ice-packed harbours even in the South of Sweden, combined with Covid-19 shutdowns, negatively impacted Marcon’s activity levels further in the quarter. However, BMO Entreprenør delivered a historically strong first quarter, won several new contracts and acquired the estate and key personnel from the bankruptcy in ØPD AS. In total, the Marine infrastructure segment delivered proforma revenues of NOK 181.8 million (204.7) and a proforma EBITDA-result of NOK 24.6 million (19.4).

The Aquaculture Solutions segment, comprised of Artec Aqua and Endúr Sjøsterk, delivered proforma revenues of NOK 177.4 million (196.7) and an EBITDA-result of NOK 5.5 million (23.2). The first quarter marked a period with reduced activity for Artec Aqua as two large projects were being completed, whilst preparing to commence construction on two new projects. Artec Aqua expects and plans for higher activity through the remainder of 2021, secured through the company’s substantial order backlog.

“We have a strong order backlog and expect higher activity levels in both the Marine Infrastructure and Aquaculture Solutions segments going forward. Tender activity remains high. We retain our positive outlook for 2021,” says Hans Olav Storkås.

Company presentation at 08:00 CET today

Endúr will host live webcast presentation today at 08:00 (CET). Investors, analysts, lenders and media are invited to follow the webcast from the following URL: https://channel.royalcast.com/landingpage/hegnarmedia/20210521_1/

The first quarter 2021 interim results presentation is enclosed to this announcement.

ENDS

For further information, please contact:
Media
Hans Olav Storkås, CEO of Endúr, tel: +47 901 22 744
Investors
Lasse B. Kjelsås, CFO of Endúr, tel: +47 908 49 772

About Endúr ASA
Endúr ASA (OSE: ENDUR) is a leading supplier of construction and maintenance projects and services for marine infrastructure, including facilities for land-based aquaculture, quays, harbours, dams, bridges and other specialised concrete and steel projects. The company and its subsidiaries also offer a wide range of other specialised project and marine services. Endúr ASA is headquartered in Bergen, Norway. See www.endur.no

Kilde

TekBot · mai 21, 2021, 1:09pm

Endúr ASA: Ordinary General Meeting

Endúr ASA held an Ordinary General Meeting on 21 May 2021. The meeting was held digitally and at the offices of Wikborg Rein in Dronning Mauds gate 11, 0250 Oslo. A total of 60 % of the share capital was represented.

The Ordinary General Meeting approved all proposals included in the notice of the general meeting dated 30 April 2021, including an authorisation to the company’s board of directors to increase the share capital to issue up to 130,000,000 new shares, to be used inter alia to issue shares in connection with the implementation of the company’s share purchase and incentive program for management and employees, and election of Per Reiulf Olsen, Kristine Landmark and Jörn Ryberg as new board members.
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Signed minutes from the General Meeting will be made available on the company´s webpage, www.endur.no.

This information is subject to the disclosure requirements according to section 5-12 of the Norwegian Securities Trading Act.

For further information, please contact:
Media - Hans Olav Storkås, CEO of Endúr, tel: +47 901 22 744
Investors - Lasse B. Kjelsås, CFO of Endúr, tel: +47 908 49 772

Kilde

Hoven · juni 21, 2021, 8:36am

21 June 2021 - Endúr ASA’s wholly-owned subsidiary Artec Aqua AS has today signed an agreement with K Smart Farming Co., Ltd. (“KSF”) to conduct a feasibility study for a 20,000 tonnes land-based salmon farming facility in South Korea. The agreement includes an intention for Artec Aqua to conduct engineering, delivery, installation and commissioning of designed process related systems and equipment in the future build-out of the project. “We are delighted to secure this feasibility study, which puts us in pole position to deliver the full turnkey build-out of this exciting salmon farming facility in South Korea,” says Ingegjerd Eidsvik, CEO of Artec Aqua. KSF is a joint venture between Norway-based Salmon Evolution ASA and Korean seafood giant Dongwon Industries Co., Ltd. The KSF joint venture plans to develop, construct, and operate a land-based salmon farming facility with an annual production capacity of 20.000 tonnes live weight of harvestable Atlantic salmon in South Korea.

Trader94 · juni 23, 2021, 2:39pm

Songa har igjen kun 12.millioner aksjer igjen i Endur, noen som vet om han har solgt seg helt ut eller flyttet aksjene mellom sine kontoer? Sett han har solgt 10-12.mill totalt, men. Ikke 38.mill.

TekBot · juni 25, 2021, 6:31am

Endúr ASA: Marcon signs contracts worth SEK 53 million

25 June 2021 – Marcon Gruppen AB (Marcon), a wholly owned subsidiary of Endúr ASA, has during the past month won several marine infrastructure contracts in Sweden, worth a total of SEK 53 million.

A total of nine new contracts have been entered into during the past month, ranging from SEK 1.2 to SEK 16 million in contract value. The contracts have been signed with both public and private sector customers.
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Three of the contracts are for quay repairs, two for moat and harbour maintenance, plus contracts for erosion protection, dredging and subsea pipeline installation.

“Historically, one of our greatest assets has been a highly diverse project portfolio. These new awards underline our ability to win contracts in various disciplines and of different sizes, which results in a relatively low risk order backlog,” says Jörn Ryberg, CEO of Marcon.

Marcon was established by Jörn Ryberg in 1982 and is today a market leader within marine infrastructure in Sweden. The company performs a range of services connected to marine infrastructure construction and marine services, as well as other adjacent services including hydrographical services, dredging, rentals, inspections and diving.
“The nine new contracts will be executed over the next 6 – 9 months,” says Jörn Ryberg.

Marcon serves both as independent contractor and subcontractor in construction projects and other services. Its HQ is in Ängelholm, Skåne, with offices in Stockholm, Malmö, Gothenburg, Sölvesborg and Härnösand. The group operates in the Swedish market under the brands Swedish Sjöentrepenad (SSE), Marcon Teknik (MTE), Frog Marine Service (FMS), SVENTAB and Marcon Windpower.

Marcon is a wholly owned subsidiary of Oslo-listed Endúr ASA.

ENDS
For further information, please contact:
Media
Hans Olav Storkås, CEO of Endúr, tel: +47 901 22 744
Investors
Lasse B. Kjelsås, CFO of Endúr, tel: +47 908 49 772

About Endúr ASA
Endúr ASA (OSE: ENDUR) is a leading supplier of construction and maintenance projects and services for marine infrastructure, including facilities for land-based aquaculture, quays, harbours, dams, bridges and other specialised concrete and steel projects. The company and its subsidiaries also offer a wide range of other specialised project and marine services. Endúr ASA is headquartered in Bergen, Norway. See www.endur.no

Kilde

Kajtek · juni 25, 2021, 1:09pm

Ser ikke ut som markedet bryr seg om men det gjør ikke noe. Før eller siden så slår det til skikkelig.

Andyboi · juni 25, 2021, 3:54pm

Er Songa som demper oppgangen. Da hausseartikkelen under ble publisert den 14. juni, så benyttet han anledningen til å lempe ut 8 mill aksjer og han benyttet sikkert anledningen idag også.

Han har 38 mill aksjer igjen, så det kan bli seigpining til han er ferdigsolgt😕.

Trader94 · juni 30, 2021, 5:31pm

Bever Holdning solgt 1.mill aksjer forrige uke, veldig forståelig at folk vil ut eller andre holder seg unna! Ikke akkurat positivt at folk fra topp 20 selger aksjer, ledelsen svarer jo ikke små aksjonærene.

Andyboi · juni 30, 2021, 5:39pm

Helt håpløst, bare å holde seg unna når største aksjonær begynner å selge. Fundamentalt har jeg veldig tro på nye Endur, men holder meg unna når Bever’n og Songa selger!

TekBot · juli 1, 2021, 6:45am

Endúr ASA: Endúr ASA sells wholly owned subsidiary, AAK

July 2021 - Endúr ASA has entered into an agreement with Norwegian Group AS (NOG) for the sale of the group’s wholly owned subsidiary, AAK.

Endúr ASA resolved mid-2020 a strategic change of direction, where marin infrastructure and solutions for land-based aquaculture are defined as the group’s core focus areas. The implementation of this strategic redirection has most importantly involved the recent acquisitions of BMO Entreprenør AS, Marcon-Gruppen i Sverige AB and Artec Aqua AS, all leading companies in their respective markets, with histories of profitable growth. The choice of new direction has also identified certain parts and activities in the group as non-core and not integral to Endúr’s strategy and vision.
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AAK, a wholly owned subsidiary of Endúr, is a leading company within access technology, and the company has performed demanding tasks with difficult access since 1987. Despite the company’s unique, cutting-edge expertise, Endúr has concluded that AAK’s competences and resources would be better employed and organized under different ownership, and has committed time and resources towards finding a dedicated buyer, a new “good home” for AAK.

“We are very happy that we have reached an agreement with Norwegian Group. They are a well-established company in the same segment as AAK, and are therefore in a very good position to better utilize and further develop AAK’s resources and unique expertise, says Hans Olav Storkås, CEO of Endúr ASA.”

“Together, the two companies now take a market-leading position in their segment, says Storkås.”

The parties have agreed to not disclose detailed terms of the transaction. The divestment of AAK will result in a minor accounting profit for Endúr.

For further comments, please contact:

Media
Hans Olav Storkås, CEO of Endúr, tel: +47 901 22 744
Investors
Lasse B. Kjelsås, CFO of Endúr, tel: +47 908 49 772

About Endúr ASA
Endúr ASA (OSE: ENDUR) is a leading supplier of construction and maintenance projects and services for marine infrastructure, including facilities for land-based aquaculture, quays, harbours, dams, bridges and other specialised concrete and steel projects. The company and its subsidiaries also offer a wide range of other specialised project and marine services. Endúr ASA is headquartered in Bergen, Norway. See www.endur.no

Kilde

TekBot · juli 1, 2021, 7:55am

Endúr ASA: Mandatory notification of trade

Board member Jörn Ryberg has on 29 June 2021 acquired 503 590 shares in Endúr ASA at a share price of NOK 0.99962759 per share. After the transaction, Jörn Ryberg, together with his closely associated company Jörn Ryberg Holding AB, owns 71 324 149 shares in Endúr ASA, equal to approximately 6.3% of the total share capital and voting rights.

Please see attached a notification prepared in accordance with Regulation EU 596/2014 (MAR) article 19.
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This information is subject to the disclosure requirements in Regulation EU 596/2014 (MAR) article 19 paragraph 3 and section 5-12 of the Norwegian Securities Trading Act.

About Endúr ASA
Endúr ASA (OSE: ENDUR) is a leading supplier of construction and maintenance projects and services for marine infrastructure, including facilities for land-based aquaculture, quays, harbours, dams, bridges and other specialised concrete and steel projects. The company and its subsidiaries also offer a wide range of other specialised project and marine services. Endúr ASA is headquartered in Bergen, Norway. See www.endur.no

Kilde

Trader94 · juli 8, 2021, 2:40pm

Bever, Songa, Middelsborg og Tigerstaden selger stadig aksjer, 0,50 neste?

TekBot · juli 8, 2021, 7:33pm

Financial calendar

TekBot · august 19, 2021, 12:18pm

Endúr ASA: Invitation to presentation of Q2/H1 2021 financial results

Endúr ASA invites investors, analysts, lenders and media to a live presentation of the company’s second quarter and half-year 2021 financial results.

Date: Friday 27 August 2021
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Time: 08:00 CET
Presenters: CEO Hans Olav Storkås, CFO Lasse Kjelsås, and Jeppe Råholt, managing director of Endúr subsidiary BMO Entreprenør AS

The webcast presentation can be followed from the following URL:

https://channel.royalcast.com/landingpage/hegnarmedia/20210827_1/

Questions can be submitted during the live webcast.

The presentation material will be published at 07:00 CET on the same day.

About Endúr ASA
Endúr ASA (OSE: ENDUR) is a leading supplier of construction and maintenance projects and services for marine infrastructure, including facilities for land-based aquaculture, quays, harbours, dams, bridges and other specialised concrete and steel projects. The company and its subsidiaries also offer a wide range of other specialised project and marine services. Endúr ASA is headquartered in Bergen, Norway. See www.endur.no

Kilde

TekBot · august 24, 2021, 2:29pm

Endúr ASA: Change of date for presentation of Q2/H1 2021 financial results

Reference is made to Endúr ASAs stock exchange notice on 19 August 2021 regarding the Invitation to presentation of Q2/H1 2021 financial results. Due to the Company’s current process for approval of a prospectus with the Financial Supervisory Authority of Norway, the presentation of the Half-yearly Report has been changed from 27 to 31 August.
Endúr ASA invites investors, analysts, lenders and media to a live presentation of the company’s second quarter and half-year 2021 financial results.

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New date: Tuesday 31 August 2021
Time: 08:00 CET
Presenters: CEO Hans Olav Storkås, CFO Lasse Kjelsås, and Jeppe Råholt, managing director of Endúr subsidiary BMO Entreprenør AS

The webcast presentation can be followed from the following URL:
https://channel.royalcast.com/landingpage/hegnarmedia/20210827_1/

Questions can be submitted during the live webcast.

The presentation material will be published at 07:00 CET on the same day.

About Endúr ASA
Endúr ASA (OSE: ENDUR) is a leading supplier of construction and maintenance projects and services for marine infrastructure, including facilities for land-based aquaculture, quays, harbours, dams, bridges and other specialised concrete and steel projects. The company and its subsidiaries also offer a wide range of other specialised project and marine services. Endúr ASA is headquartered in Bergen, Norway. See www.endur.no

Kilde