Aker ASA Q4 FY2023 Earnings Call

Fredrik Berge: Hi, everyone and welcome to the presentation of Aker’s Fourth Quarter Results 2023. My name is Fredrik Berge, and I’m Head of Investor Relations. We will start today’s presentation with Aker’s President and CEO, Øyvind Eriksen, who will take you through the quarterly highlights and recent developments in the portfolio. Our CFO, Svein Oskar Stoknes, will then take you through the quarterly financials in more detail. After the presentation, we will host a Q&A session, and you can submit your questions via the online platform during or after the presentation. And with that, I hand it over to Øyvind Eriksen. Øyvind Eriksen: Thank you, Fredrik, and good morning, everyone. We demonstrated progress across several key metrics in the fourth quarter and delivered positive value to our shareholders through both share price increase and dividends. Important strategic initiatives are progressing as part of our active ownership agenda in line with Aker’s strategy and focus on long-term value creation. In line with our strategy and what I have communicated previously, one of our key strategic objectives is to strengthen and diversify upstream dividends in Aker. This work has yielded results, and upstream dividends amounted to NOK4.4 billion last year. This represents an increase of almost 60% from the year before. And our focus on this objective will continue as we embark on 2024. During the quarter, Aker continued further deepening its long-term collaboration with SLB as Ake