DNVGL 2016 Annual Report

The annual report provides a review of DNVGL’s business and its financial and sustainability performance. In terms of financial performance, 2016 was a challenging year for DNV GL because of the continued downturn in the maritime and upstream oil and gas markets. Despite this, DNV GL retained a strong position in these core markets while growing in the assurance, software and energy businesses. Through downsizing and efficiency programmes, the company has managed to reduce costs, and maintained investments in research and innovation of 5% of revenues.

DNV GL achieved revenues of NOK 20,834 million and earnings before interest and tax of NOK 154 million.

The annual report reviews developments in the most important markets in 2016 and presents key results, risks, solutions and strategy.

Click on below image to download full report.


Source: DNVGL




2 thoughts on “DNVGL 2016 Annual Report

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.