TTS Group ASA: Business description, financial summary, 3yr and interim financials, key statistics/ratios and historical ratio analysis.
Provider: Reuters Investment Profile
Provider: Directors Deals Ltd.
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TTS Group ASA's Subsidiary Signs Contract in China
TTS Group ASA announced that it has through its subsidiary TTS Marine AB in Sweden signed a contract worth approximately NOK 75 million. The contract is with Xiamen Shipbuilding Industry Co., Ltd in China and concerns delivery of equipment to three Post-Panamax type Car Carriers to be built for the Norwegian shipowner Hoegh Autoliners. The deliveries will take place during 2014.
Latest Developments for TTS Group ASA
- TTS Group ASA new joint venture with China State Shipbuilding Corporation
- TTS Group ASA implements cost-reducing measures in Norway and China
- TTS Group ASA implements cost reductions in Norway and Germany and plans to cut jobs
- TTS Group ASA announces increase in cost estimates and adjusts interim results
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