Edition:
United States

SBM Offshore FY IFRS Underlying EBITDA At $822 Mln


Thursday, 8 Feb 2018 12:59am EST 

Feb 8 (Reuters) - SBM Offshore NV ::SBM OFFSHORE 2017 FULL YEAR EARNINGS.CASH DIVIDEND OF US$0.25 PER SHARE IS PROPOSED, C. 9% INCREASE YEAR-ON-YEAR.UNDERLYING DIRECTIONAL 2017 EBITDA OF US$806 MILLION, AN INCREASE OF C. 4% COMPARED TO LAST YEAR.PROPOSES A DIVIDEND OF US$0.25 PER SHARE IN RESPECT OF 2017.2018 GUIDANCE: DIRECTIONAL REVENUE AROUND US $1.9 BILLION.GUIDANCE FOR 2018 DIRECTIONAL EBITDA IS AROUND US$750 MILLION..SEES TURNKEY DIVISION IMPROVING IN LINE WITH GRADUAL MARKET RECOVERY IN 2018 WITH 2017.FY IFRS REVENUE $ 1.86 BILLION VERSUS $2.27 BILLION YEAR AGO.FY IFRS UNDERLYING EBITDA $822 MILLION VERSUS $825 MILLION YEAR AGO. 

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