SBM Offshore lifts full-year outlook after strong half-year results

SBM Offshore NV

07/08/2025 06:09

Aug 7 (Reuters) - Dutch oil and gas services company SBM Offshore SBMO.AS raised its full-year core profit and revenue forecasts on Thursday, citing a strong financial performance in the first half of 2025.

   The Amsterdam-listed company sees directional earnings before interest, taxes, depreciation and amortization (EBITDA) of around $1.6 billion this year, versus the around $1.55 billion it had guided for earlier.

   It also sees directional revenue of more than $5.0 billion this year, after saying it would exceed $4.9 billion in February. Analysts on average had projected annual revenue of $4.96 billion, according to a company-compiled consensus.

 (Reporting by Anna Peverieri in Gdansk, editing by Milla Nissi-Prussak)

 ((anna.peverieri@thomsonreuters.com))