SBM Offshore posts higher first-quarter revenue
15/05/2025 06:12
May 15 (Reuters) - Dutch oil and gas services firm SBM Offshore SBMO.AS reported a 27% rise in its first-quarter revenue on Thursday, boosted by a strong performance across all segments and resilience of its business model. The Amsterdam-listed firm, which provides floating production services to the offshore energy industry, posted quarterly directional revenue of $1.10 billion. The company confirmed its full-year guidance. (Reporting by Hugo Lhomedet and Michal Aleksandrowicz; Edited by Sonia Cheema) ((Hugo.Lhomedet@thomsonreuters.com;))
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