Norlys raised operating profit to EUR 260m in chaotic remodeling year
The merger has resulted in more synergistic effects than first expected – and there's more in store. "It's completely banal; it's simply that our core business has become better," says Norlys CEO Niels Duedahl about the combined group's first full fiscal year.
Oil companies are on the road to recovery thanks to rising oil prices, but their appetite for new investments is restrained. As a result, the troubled drilling sector must exercise patience as it waits for activity levels to improve, two stock market analysts tell ShippingWatch.
Even though the OEM has done a fine job handling Covid-19, according to Vestas' CEO, the outbreak that's still affecting the Ringkøbing factory has provided insights on what happens when anti-contagion protocols slacken.