Business
REACH: 2025 saw strategic advances in remote operations, but profitability declined amid market headwinds
REACH: 2025 saw strategic advances in remote operations, but profitability declined amid market headwinds
About this update from Reach Subsea Asa
Revenues were NOK 2,677 million, with a strong first half but weaker second half due to lower utilization and margins. Strategic milestones included the commercial launch of Reach Remote 1 and 2, and a shift toward renewables. The Board proposes a NOK 0.17 dividend per share.Original document: This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.