Akvagroup presents record results

Akvagroup presented several records when they presented Q1.  The order backlog stood at 291 MNOK at the end of the quarter, up 50 MNOK compared to the end of 2006. The first quarter is normally characterized by seasonal slowdown through the winter in the northern hemisphere and the summer holidays in the southern hemisphere. Still, considering this the revenues increased from 152.4 MNOK in 4Q 2006 to 160.8 MNOK in 1Q 2007. Additionally the quarter was again characterised by continued positive development in the market fundamentals in all of AKVA group's main markets. And, the consolidation of the industry continues making AKVA group's customers larger and is now also involving new parts of the industry. Acquisition of Maritech finalised - making AKVA the leading software provider to the global seafood industry.