SBM Offshore sees slower 2025 growth after record-high yearly revenue

SBM Offshore NV

20/02/2025 06:31

Feb 20 (Reuters) - Dutch oil and gas services company
SBM Offshore  SBMO.AS  said on Thursday it sees slower growth in
2025 after posting a slight revenue beat this year, citing major
contract wins.
    The Amsterdam-based group, which provides floating
production solutions to the offshore energy industry, said it
sees 2025 directional revenue guidance above $4.9 billion and a
2025 directional EBITDA guidance of $1.55 billion.
    SBM Offshore reported directional revenue at a record high
level of $6.1 billion for the year, compared to $4.53 billion in
2023. That slightly exceeded its guidance of $6.0 billion.

 (Reporting by Dimitri Rhodes and Johan Bodinier; Editing by
Mrigank Dhaniwala)
 ((dimitri.rhodes@thomsonreuters.com ;
johangeorgesroger.bodinier@thomsonreuters.com))