Kvaerner sees signs of stronger second quarter

The second quarter looks set to be better than feared for Norwegian oil service company Kvaerner. Despite a big drop in the oil price during the spring, the company now expects a "significant improvement" in results.

by SØREN PICO

Norwegian oil service company Kvaerner takes a more positive view of the second quarter, which has otherwise been severely impacted by the coronavirus crisis and sliding oil prices.

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