28 Aug 2020

Weak Q2, but the JVs in Mexico are improving

Borr Drilling Limited (B2W:FRA) | 0 0 0.0%

- Sebastian Grindheim
- 6 pages

Adj. EBITDA of USD -2m vs ARCe of USD 30m and cons at USD 10m Improvement in the JVs, and has agreed on a payment plan with Pemex Weak market outlook, but sees potential for 20% reduction in supply We expect the share to underperform peers today

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Weak Q2, but the JVs in Mexico are improving

Borr Drilling Limited (B2W:FRA) | 0 0 0.0%

Published: 28 Aug 2020
Author: Sebastian Grindheim
Pages: 6

Adj. EBITDA of USD -2m vs ARCe of USD 30m and cons at USD 10m Improvement in the JVs, and has agreed on a payment plan with Pemex Weak market outlook, but sees potential for 20% reduction in supply We expect the share to underperform peers today