Results in line with expectations and margins are improving sequentially. The backlog execution is normalizing and the group secured two large contracts in subsea (Guyana, Brazil). The guidance is unchanged, which is positive considering the poor visibility in Q2.
22 Oct 2020
Q3 : operations normalize
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
Q3 : operations normalize
- Published:
22 Oct 2020 -
Author:
Kevin VO -
Pages:
3
Results in line with expectations and margins are improving sequentially. The backlog execution is normalizing and the group secured two large contracts in subsea (Guyana, Brazil). The guidance is unchanged, which is positive considering the poor visibility in Q2.