Brief: Reach Subsea Profitability Improved In Q1

Reach Subsea ASA

09/05/2023 06:14

May 9 (Reuters) - Reach Subsea ASA  REACH.OL :
    * PROFITABILITY OF REACH SUBSEA WAS IMPROVED IN Q1, WHICH IS SEASONALLY SOFT IN TERMS OF
UTILIZATION
    * WE HAVE INCREASED OUR CAPACITY SINCE LAST YEAR
    * WE INCREASED OUR VESSEL UTILIZATION, WHICH DRIVES MARGIN IMPROVEMENT.

Source text for Eikon:  ID:nObiT1sMKa 
Further company coverage:  REACH.OL 

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