Revenue of USD 279m vs ARCe of USD 270m and cons at USD 291m
The beat was driven by higher revenue in the North Sea segment
Ultra harsh jackup rig segment (CJ70) is expected to be more resilient
We view the report as neutral to the equity case
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Q1 in-line with expectations
- Published:
27 May 2020 -
Author:
Sebastian Grindheim -
Pages:
6
Revenue of USD 279m vs ARCe of USD 270m and cons at USD 291m
The beat was driven by higher revenue in the North Sea segment
Ultra harsh jackup rig segment (CJ70) is expected to be more resilient
We view the report as neutral to the equity case