Fred Olsen holding company Bonheur has posted lower earnings for the first quarter as revenue fell.
The shipping and rig group logged profit of NOK 211m ($25.82m), from NOK 614m in 2015.
Revenue dropped to NOK 3.28bn against NOK 3.7bn.
Offshore drilling operations brought in EBITDA of NOK 1.2bn, from NOK 1.22bn the year before, while renewables logged profit of NOK 202m, down from NOK 310m.
The
