Brief: Subsea 7 Q3 Revenue USD 1,840 Million Versus. Estimate USD 1,912 Million

Subsea 7

20/11/2025 07:08

Nov 20 (Reuters) - Subsea 7 SA SUBC.OL:

Q3 REVENUE USD 1,840 MILLION VERSUS. ESTIMATE USD 1,912 MILLION

Q3 ADJUSTED EBITDA USD 407 MILLION VERSUS. ESTIMATE USD 396 MILLION

Q3 ADJUSTED EBITDA MARGIN 22%

FULL YEAR 2025 REVENUE IS EXPECTED TO BE IN A RANGE BETWEEN $6.9 AND 7.1 BILLION

2025 MARGINS ARE EXPECTED TO BE BETWEEN 20 AND 21%

Q3 ORDER INTAKE WAS $3.8 BILLION COMPRISING NEW AWARDS OF $3.3 BILLION AND ESCALATIONS OF $0.5 BILLION RESULTING IN A BOOK-TO-BILL RATIO OF 2.1 TIMES

WE EXPECT 2026 REVENUE TO BE WITHIN A RANGE OF $ 7.0 TO 7.4 BILLION

ORDER BACKLOG AT END OF SEPTEMBER WAS $13.9 BILLION

2026 ADJUSTED EBITDA MARGIN IS EXPECTED TO BE ABOUT 22%

Source text: ID:nGNE3WDM7s

Further company coverage: SUBC.OL

 (Gdansk Newsroom)

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