TTS Group ASA: Two new contracts for cargo cranes


TTS Group ASA has secured two new contracts for 50-ton cargo cranes, of which one crane is an advanced fourth generation active heave compensated crane. The contracts were awarded by European shipyards on behalf of European ship-owners.

Total order value is MNOK 38.

The cranes will be delivered between September 2018 and April 2019.

Bergen, 9 February 2018

TTS Group ASA
http://www.ttsgroup.com

Contact persons:

Toril Eidesvik
CEO
M: +47 900 78 218

Leiv Kallestad
CFO
M: +47 958 95 661

This information is subject to the disclosure requirements pursuant to section 5 -12 of the Norwegian Securities Trading Act.