Edition:
United States

SBM Offshore Increases Underlying 2018 Directional EBITDA Guidance


Thursday, 15 Nov 2018 01:00am EST 

Nov 15 (Reuters) - SBM OFFSHORE NV ::SBM OFFSHORE THIRD QUARTER TRADING UPDATE.YEAR-TO-DATE DIRECTIONAL REVENUE OF US$1,247 MILLION ON TRACK.2018 DIRECTIONAL REVENUE GUIDANCE REMAINS AROUND US$1.7 BILLION.SEES UNDERLYING 2018 DIRECTIONAL EBITDA GUIDANCE UPDATED FROM "AROUND" TO "ABOVE" US$750 MILLION.DIRECTIONAL NET DEBT DECREASED YEAR-TO-DATE BY C. US$0.6 BILLION TO US$2.3 BILLION.