Good performance for Elkem AS

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Oslo, 1 June 2016: The annual report for 2015 is now available. The financal results for 2015 reveals one of the best years ever for the company.

The annual financal statement shows increased revenues and improved profitability.
More information and key figures can be found here.

- The financial results of 2015 were the best ever reported by the Elkem Group. Total operating income was up by 15 per cent to NOK 14 541 million, net income ended at NOK 953 million, up from negative NOK 22 million last year. There are several external factors contributing to this; favourable market conditions, currency movements and low electricity prices in Norway. However, the most important reason behind the strong results are the systematic efforts and hard work of Elkem employees on all continents. They have contributed to thousands of small and large improvements that have summed up to a considerable increase of productivity and product development, and made 2015 the best year ever for the Elkem Group,
says CEO Helge Aasen.

The annual report is available for download here.

Key figures, Elkem AS:

Revenue: 14,5 billion NOK (2014: 12,7 billion NOK)

Profit of the year: 953 million NOK (2014: minus 22 million NOK)


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