Unidentified Analyst
Analyst
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Prosafe Se (OTC: PRSEF) Q2 2025 earnings conference call, held 2025-08-22. Replay captured from the company's public earnings webcast.

Analyst
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WEBVTT 00:00:00.031 -- 00:00:06.098 Welcome to this second quarter 2035 result for ProSafe. 00:00:06.401 -- 00:00:11.089 As usual, we'll do it if anyone online have questions, please just send them to Ries 00:00:11.089 -- 00:00:17.277 and we'll read them out here and try to answer them as best we can at the end. 00:00:17.277 -- 00:00:22.383 So I would say that the quarter and the first half of this year up 00:00:22.383 -- 00:00:25.627 to date has been a very active year for the company. 00:00:25.627 -- 00:00:30.753 Of course, one of the major work streams has been the refinancing that we 00:00:30.753 -- 00:00:35.798 concluded the 21st of July. Very happy with that and great support 00:00:35.798 -- 00:00:41.305 from both our lenders and our shareholders in coming to a fully consensual deal 00:00:41.305 -- 00:00:43.113 with all parties. 00:00:43.113 -- 00:00:46.478 Otherwise, also in the operation, we have been quite active. 00:00:46.478 -- 00:00:51.544 We managed to secure a four-year extension on the safe notice. 00:00:51.544 -- 00:00:56.691 And we also sort of worked on reactivating the safe Caledonia 00:00:56.691 -- 00:01:01.918 and the safe Boreas in the first half. So that's sort of ongoing work on 00:01:01.918 -- 00:01:06.986 Boreas. And we also sold the safe Scandinavia in the 00:01:06.986 -- 00:01:10.752 second quarter. So all in all, a very active quarter. 00:01:10.752 -- 00:01:16.961 And I think, you know, the strategy, building backlog and refinancing, 00:01:16.961 -- 00:01:19.846 you know, that has been done. 00:01:19.846 -- 00:01:25.975 And we're looking forward. Numbers wise, we will come back to that. 00:01:25.975 -- 00:01:31.063 But basically, I think more or less in line with our expectation where we came 00:01:31.063 -- 00:01:36.119 in. on EBITDA and...