SBM Offshore Half Year 2024 Earnings
SBM OFFSHORE NV ORD (SBFFF)
NASDAQ:AMEX Investor Relations:
sbmoffshore.com/investor-relations-centre
Company Research
Source: GlobeNewswire
August 8, 2024 Highlights 2024 Directional1 EBITDA guidance increased from around US$1.2 billion to around US$1.3 billion2024 Directional revenue guidance increased from around US$3.5 billion to above US$3.8 billion US$3.4 billion net increase of pro-forma Directional backlog to record-level US$33.7 billionEUR65 million (US$71 million equiv.2) additional share repurchase Existing share repurchase program of EUR65 million on track, c. 58% completed3Award of 20-year lease & operate contract for an FSO to support the Trion field development in MexicoRationalization of business in Angola to focus on Lease and OperateNinth Fast4Ward® Multi-Purpose Floater (“MPF”) hull ordered The Half Year 2024 Earnings and Interim Financial Statements are published on the Company’s website here. Øivind Tangen, CEO of SBM Offshore, commented: “Our great teams continue to deliver strong performance and we ended the period with a record b
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