Statoil recorded a profit after tax of NOK 10.6 billion for the first six months of 2001 — the best half-year result it has ever achieved.
The figure is NOK 3.3 billion higher than it was in the corresponding period of last year, and represents a 45 per cent increase.
This improvement can primarily be attributed to sales gains, higher prices and margins, and the effect of the group’s cost cutting and restructuring programme.
See press release.
Report first half
Presentation -- PDF (0,6 MB)
Interview with Olav Fjell
Results presentation (audio):
Real Media (3,7 MB) MP3 format (14,3 MB)