Sbm Offshore Nv Ord (SBFFF) Q2 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Ladies and gentlemen, thank you for holding and welcome to the FBM Offshore Half Year 2026 Earnings. At this moment, all participants are in a listen-only mode. After the presentation, there will be an opportunity to ask questions by pressing star 11. Just to remind you, this conference is being recorded. I would now like to hand the conference over to Mr. Oivind Tangen. Please go ahead. Thank you, operator. Good morning everyone and welcome to SPM Offshore's half year 2026 earnings call. I am Oivind Tangen, CEO of SPM Offshore and joining me on the call as always is our CFO Douglas Wood. Thank you for joining us today and for your continued interest in SPM Offshore. Please take notes of the disclaimer. SBM Offshore entered 2026 with strong momentum and the first half of the year confirms the strength of our model, disciplined execution, robust client demand and continued value creation for shareholders. Our strategy continues to deliver profitable growth from our core offshore energy production activities. New order intake supported by sustained demand for lower carbon, lower cost deepwater infrastructure and strong project execution reinforces the resilience of our business. Our fast-forward program and disciplined investment in new hulls continue to enhance our competitiveness in a market supported by strong fundamentals. This performance is translating into value creation. We are expanding our portfolio, strengthening our financial position, delivering on our shareholder return commitments and supporting clients in developing critical energy infrastructure safely, efficiently and responsibly. While our priority remains to grow the core, we are also selectively applying our offshore expertise, engineering capabilities and lifecycle know-how to assess opportunities...