Business
VSSAB_B: Q1 revenue and EBITDA fell on weaker markets, but new contracts and investments support future growth
VSSAB_B: Q1 revenue and EBITDA fell on weaker markets, but new contracts and investments support future growth

About this update from Viking Supply Ships Ab Class B
Revenue and EBITDA declined year-over-year due to weaker market and lower utilization, while a new multi-well contract in Australia commenced. The company maintains a strong balance sheet and expects market momentum to improve, despite ongoing volatility and macroeconomic risks.Original document: This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.
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