NORWAY'S Kvaerner expects its 2019 full-year revenues to increase for the first time in four years to more than Nkr8 billion ($917 million) on improving work prospects after a prolonged slump, despite seeing profits more than halved in the first quarter. The turnover target - up from previous guidance of over Nkr7 billion - would be an improvement of around Nkr800 million on last year's tally of Nkr7.2 billion, but still a far cry from peak revenues of Nkrl7.6 billion in 2014.
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