Monday, July 30, 2007

UPDATE 1-Statoil Q2 tops forecast, keeps '07 output target

(Reuters) - Pretax profit fell to 28.3 billion crowns in
the second quarter to end-June, beating a 27.4 billion average
forecast in a Reuters poll of 19 analysts, whose estimates had
ranged from 22.4 billion to 31.7 billion crowns.




Revenues at the Nordic region's biggest industrial company
by turnover rose 1 percent to 108.9 billion, beating the average
forecast of 105.7 billion.


Read more at Reuters.com Market News

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