Archer Limited (ARHVF) Q1 2025 Earnings Call

Investor webinar replay

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Replay transcript excerpt

WEBVTT 00:00:00.031 -- 00:00:06.439 Good morning everyone and welcome to this first quarter 2025 00:00:06.439 -- 00:00:10.163 result announcement from Archer. 00:00:10.163 -- 00:00:15.570 Today we have the pleasure of having CEO Dag Skindlo and CFO 00:00:15.570 -- 00:00:19.915 Espen Juranger with us who will take us through the report. 00:00:19.915 -- 00:00:21.378 Dag, the word is yours. 00:00:21.378 -- 00:00:26.046 thank you and good morning everyone and uh thank you to arctic for hosting the streaming 00:00:26.046 -- 00:00:30.052 today i will today go through 00:00:30.052 -- 00:00:35.121 the first quarter 2025 give you some color on that and try to take 00:00:35.121 -- 00:00:39.628 question along or at the end i think you know so please 00:00:39.628 -- 00:00:42.353 please feel free to ask questions 00:00:42.353 -- 00:00:47.639 uh usual for looking statements warnings uh before i start 00:00:47.639 -- 00:00:52.644 i think it's important for for for us to say the highlight for us 00:00:52.644 -- 00:00:57.730 in q1 is that we start paying dividend now we have confirmed 00:00:57.730 -- 00:01:03.556 today that we are starting to pay dividend about 5.5 million dollars now for q2 00:01:03.556 -- 00:01:07.801 it's a direct wheel around 11 a little bit about 00:01:07.801 -- 00:01:12.566 uh the share price today but it's really a testimony to the job we have done in the last 00:01:12.566 -- 00:01:16.231 few years growing the business growing the ability but most importantly growing our cash 00:01:16.231 -- 00:01:20.736 contribution significantly over the last few years we have refinanced and now we are 00:01:20.736 -- 00:01:26.123 able to pay dividends so i know for a lot of shareholders that has been a long long journey 00:01:26.123 -- 00:01:29.787 but now we are here and w...