Brief: SBM Offshore Q1 Directional Revenue Up At $871 Mln

SBM Offshore NV

08/05/2024 06:10

May 8 (Reuters) - SBM Offshore NV  SBMO.AS :
    * SBM OFFSHORE FIRST QUARTER 2024 TRADING UPDATE
    * FULL YEAR 2024 DIRECTIONAL REVENUE AND DIRECTIONAL EBITDA
GUIDANCE MAINTAINED
    * YEAR-TO-DATE DIRECTIONAL REVENUE OF US $871 MILLION, IN
LINE
WITH EXPECTATION
    * CASH DIVIDEND OF US $150 MILLION (EQUIVALENT TO EUR0.7651
PER
ORDINARY SHARE) APPROVED
    * SHARE REPURCHASE PROGRAM OF EUR 65 MILLION ON TRACK 20.7%
COMPLETED
    * DIRECTIONAL REVENUE STOOD AT US $871 MILLION, A 17%
INCREASE
COMPARED WITH US $742 MILLION FOR SAME PERIOD IN 2023
    * DIRECTIONAL NET DEBT INCREASED BY US $187 MLN TO US $6,842
MLN
FOR PERIOD ENDING 1Q 2024

Source text for Eikon:  ID:nGNE6PGTMW 
Further company coverage:  SBMO.AS 

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