I.M. Skaugen ASA held yesterday at 17.30 an open presentation re the results for 2004 as published on January 10th.
The company expressed its views again that with the current outlook for our business units, and based on both the contract coverage and spot market conditions - the EBITDA result for the I.M. Skaugen Group in 2005 is expected to be higher than in 2004 and with a good financial performance as a result.
It was also stated that the EBITDA results in 1Q05 is, at this point in time, expected to be better than the EBITDA results in 4Q04 for the group and thus a good indication of the general statement referred to above.