![2012.MasterPresentation_final [Compatibility Mode] - TTS Group ASA](https://img.yumpu.com/4612021/32/500x640/2012masterpresentation-final-compatibility-mode-tts-group-asa.jpg)
2012.MasterPresentation_final [Compatibility Mode] - TTS Group ASA
2012.MasterPresentation_final [Compatibility Mode] - TTS Group ASA
2012.MasterPresentation_final [Compatibility Mode] - TTS Group ASA
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Solid Structure for Growth<br />
• Three solid revenue streams from <strong>TTS</strong> <strong>Group</strong>’s JVs in China:<br />
1. Royalty<br />
2. 50/50 profit split<br />
3. 100% after market outside China<br />
• Expected turnover of close to NOK 1,5 billion in 2012<br />
• Market share of 40-60% in Hatch Covers and Cranes<br />
• The most important and focused market for the company<br />
- In 10 years, China is expected to be the largest market for offshore<br />
equipment in the world<br />
Uniquely positioned to serve the fast-growing Chinese offshore<br />
market where <strong>TTS</strong>’ unique relations is a key success factor. (i.e.<br />
NMF)
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