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Prospect News home > News index > List of issuers P > Headlines for PA Resources AB > News item
Published on 6/26/2015 in the Prospect News Distressed Debt Daily.

PA Resources records improved to SEK 460 million of first-quarter EBITDA

By Caroline Salls

Pittsburgh, June 26 – PA Resources AB reported SEK 460 million of EBITDA for the first quarter on a total of SEK 112 million in group revenue, according to a news release.

In comparison, PA Resources posted SEK 117 million of EBITDA for the first quarter of 2014 on total group revenue of SEK 178 million.

The operating profit for the first quarter of 2015 was SEK 426 million, up from SEK 74 million for the same period of last year.

The company said earnings per share for the quarter were SEK 2.55, compared with negative SEK 0.43 for the first quarter of 2014.

PA Resources is an oil and gas company based in Stockholm.


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