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Article: Statoil ASA reports record year.(Brief Article)

Article from:
Nordic Business Report
Article date:
February 14, 2005
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NORDIC BUSINESS REPORT-14 February 2005-Statoil ASA reports record year(C)1994-2005 M2 COMMUNICATIONS LTD http://www.m2.com

The Norwegian oil company Statoil ASA (OSE: STL, NYSE: STO) issued on Monday (14 February) its preliminary results for 2004, reporting an operating income of NOK70,846m before taxes and minority interests, as compared to NOK44,290m in 2003.

Total revenues amounted to NOK303,756m, up from NOK248,527m in 2003.

"Statoil experienced a record year in 2004, with a net ...

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