Bw Offshore Adr (BWOFY) Q2 2025 Earnings Call

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Replay transcript excerpt

WEBVTT 00:00:00.031 -- 00:00:05.781 Good morning, everyone, and thanks for joining us here in Hotel Continental. 00:00:05.781 -- 00:00:10.869 We will present our second quarter results to you, but we also give you 00:00:10.869 -- 00:00:15.957 a high level strategy update, and that's the result of a review we took 00:00:15.957 -- 00:00:21.107 over the summer. And we took stock basically of what we 00:00:21.107 -- 00:00:25.275 delivered of our strategy for the last five years. 00:00:25.275 -- 00:00:28.502 And then we also 00:00:28.502 -- 00:00:33.892 took a look at the focus forward and the refinement of that strategy for the 00:00:33.892 -- 00:00:39.383 next five years. We have taken a look at the market, our positioning in that market, 00:00:39.383 -- 00:00:43.770 competitive strengths and also we 00:00:44.258 -- 00:00:49.814 redefined or revised project execution model with the right risk reward 00:00:49.814 -- 00:00:54.419 for the size of projects we see in the future for the company. 00:00:54.419 -- 00:00:58.284 After that, we will be happy to take 00:00:58.284 -- 00:01:00.147 questions. 00:01:00.147 -- 00:01:04.974 For those of you joining online, you can participate in that 00:01:04.974 -- 00:01:10.221 through the Q&A function in the webcast. Of course, very welcome as well to join 00:01:10.221 -- 00:01:13.105 this event. 00:01:13.105 -- 00:01:14.507 My 00:01:14.507 -- 00:01:20.055 name is Marco Benes, CEO. I'm here with Stol Andreasen, CFO, and Anders Plateau, 00:01:20.055 -- 00:01:25.501 Chief Strategy Officer. We will present, but we also have representation of the company 00:01:25.501 -- 00:01:31.047 from our New Ventures Group, headed by Fred Xavier, sitting there, and also 00:01:31.047 -- 00:01:36.113 Jan-Harald Schilde, Business Development, and they also...