Subsea 7 S.A. (SUBCY) Q2 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good day and thank you for standing by. Welcome to sub C7 Q2 2025 results conference call and webcast. At this time, all participants are in a listen-only mode. After the speaker's presentation, there will be a question and answer session. To ask a question during the session, please press star one and one on your telephone. You will then hear an automated message advising your hand is raised. To withdraw your question, please press star one and one again. Please note that today's conference is being recorded. I would now like to hand the conference over to your speaker, Catherine Tongs. Please go ahead. Welcome, everyone, and thank you for joining us. The results press release is available to download on our website, along with the slides that we'll use during today's call. Please note that some of the information discussed on the call today will include forward-looking statements that reflect our current views. These statements involve risks and uncertainties that may cause actual results or trends to differ materially from our forecast. For more information, please refer to the risk factors discussed in Subsea 7's annual report or today's quarterly press release. The question and answer session today may include discussion of our proposed merger with CYPEM. Security laws in the U.S. restrict the broadcast and dissemination of such content into the U.S. Please refer to the disclaimer that will be displayed during the Q&A sessions. I'll now turn the call over to John Evans, CEO. Thank you, and good morning, everyone. With me today are Mark Foley, our CFO, Natalie Lewis, General Counsel, and Stuart Fitzgerald, CEO of Seaway. This is the first time we've had the opportunity to speak with the market following entering into the definitive merger agreement with Sypen. I ...