• Net revenues amounted to SEK 578 M (563) 
• Operating loss amounted to SEK –54 M (-85)
• Loss before tax amounted to SEK -65 M (–85)
• Loss after tax amounted to SEK -53 M (-3)
• Earning per share after tax amounted to -1.0 SEK (-0.1)

Earnings for the first quarter were weak and in 2011 we must adapt our expenses to the currently prevailing market situation. We will also continue to work intensely to increase our earnings in both Industrial Shipping and Offshore/Icebreaking. As a feature of this, it was gratifying to receive delivery of the Njord Viking and to acquire Österströms.
 

Rolf Skaarberg
Presiden
 

Press conference
In conjunction with the publication of the Interim report January-March 2011, a teleconference will be held with media, investors and analysts on Wednesday 3, at 09:30, am with CEO Rolf Skaarberg and CFO Gunnar Modalen.

Those who wish to participate in the telephone conference call, please call +46 8 23 23 90,
 code 892 111

This Year-end report is available in its entirety on the company website, www.rabt.se.