SBM Offshore first-half revenue beats estimates on vessel sale, higher activity
06/08/2026 06:11
SBM Offshore first-half revenue beats estimates on vessel sale, higher activity Aug 6 (Reuters) - Dutch floating production specialist SBM Offshore SBMO.AS on Thursday posted higher-than-expected first-half directional revenue driven by the sale of the floating production, storage and offloading vessel(FPSO) One Guyana, higher activity and progress on major turnkey projects.
Revenue came in at $4.9 billion (4.24 billion euros), beating the $4.65 billion expected by analysts in a company-provided consensus.
(1 euro = $1.1547)
(Reporting by Hugo Lhomedet; Editing by Matt Scuffham)
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