(Reuters) - The result beat a 27.4 billion crown average forecast in a
Reuters poll of 19 analysts, whose estimates had ranged from
22.4 billion to 31.7 billion crowns.
"The 11 percent increase in net income from the second
quarter of 2006 to the second quarter of 2007 was mainly due to
lower income taxes and higher sales volumes of natural gas,"
Statoil ASA said in a statement.
Read more at Reuters.com Market News
Reuters poll of 19 analysts, whose estimates had ranged from
22.4 billion to 31.7 billion crowns.
"The 11 percent increase in net income from the second
quarter of 2006 to the second quarter of 2007 was mainly due to
lower income taxes and higher sales volumes of natural gas,"
Statoil ASA said in a statement.
Read more at Reuters.com Market News
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