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    RATO B   SE0000111940

RATOS AB (PUBL)

(RATO B)
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Aibel wins major contracts with Equinor

11/23/2021 | 10:02am EST

Aibel has signed four contracts with Equinor valued at approximately NOK 5 billion, including option clauses.

The contracts are based on the long-standing partnership between Aibel and Equinor as well as Aibel's strong competitiveness. They entail a continued multi-year investment in Aibel's Norwegian organisation, primarily in Haugesund, Harstad, Asker and Stavanger.

For further information:

https://aibel.com/news/aibel-signed-four-new-equinor-contracts

Christian Johansson Gebauer
Board member of Aibel and President Business Area Construction & Services, Ratos
+46 8 700 17 00

About Ratos:
Ratos is a business group consisting of 12 companies divided into three business areas: Construction & Services, Consumer and Industry. In total 2020, the companies have approximately SEK 34 billion in sales. Our business concept is to develop companies headquartered in the Nordics that are or can become market leaders. We enable independent companies to excel by being part of something larger. People, leadership, culture and values are key focus areas for Ratos. Everything we do is based on Ratos's core values: Simplicity, Speed in Execution and It's All About People.

https://news.cision.com/ratos-ab/r/aibel-wins-major-contracts-with-equinor,c3459063

https://mb.cision.com/Main/17707/3459063/1500369.pdf

(c) 2021 Cision. All rights reserved., source Press Releases - English

Stocks mentioned in the article
ChangeLast1st jan.
EQUINOR ASA 1.52% 250.85 Real-time Quote.4.77%
RATOS AB (PUBL) -4.09% 45.46 Delayed Quote.-18.17%
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Financials
Sales 2021 23 484 M 2 529 M 2 529 M
Net income 2021 819 M 88,2 M 88,2 M
Net Debt 2021 2 313 M 249 M 249 M
P/E ratio 2021 18,5x
Yield 2021 2,37%
Capitalization 15 895 M 1 732 M 1 712 M
EV / Sales 2021 0,78x
EV / Sales 2022 0,68x
Nbr of Employees 12 500
Free-Float -
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Mean consensus OUTPERFORM
Number of Analysts 2
Last Close Price 47,42 SEK
Average target price 54,50 SEK
Spread / Average Target 14,9%
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Managers and Directors
Jonas Olof Wistr÷m Chief Executive Officer & Director
Jonas ┼grup Chief Financial Officer
Per-Olof Ragnar S÷derberg Chairman
Daniel Johansson Head-Information Technology
Per G÷sta Magnusson Director-Operations
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