April 27, 2010 / 6:08 AM / 10 years ago

TABLE-Subsea 7 Q1 EBIT down, beats forecast

 OSLO, April 27 (Reuters) - Three months to end-March 
                    (millions of dollars stated)       
                       Q1 2010      Q1 2009   forecast*
Operating revenues           453          603        507
EBITDA                       111          110         88  
Operating profit              79           82         56  
Pre-tax profit                54           80         53  
Net profit                    36           55         36  

Earnings per share ($)      0.24         0.37       0.25  
Order backlog (in blns)     2.60         2.90       2.55  
 
 NOTES - Full name of the Norwegian oilfield engineering
group is Subsea 7 Inc. SUB.OL.
 * Forecast based on Reuters poll of 16 analysts.
 


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