Revenues of USD 246m (+7% vs. ARCe and -12% vs. cons)Adj. EBITDA of USD 96m (+10% vs. ARCe and +27% vs. cons)EBITDA'25 guidance revised down as expected, still in-line with consCapex guidance reduced, leaving implied FCF guidance unchangedNeutral report - Limited contract updates offset the earnings beat
12 May 2025
Arctic FLASH: Shelf Drilling - Strong Q1 figures, but guidance cut as expected
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Arctic FLASH: Shelf Drilling - Strong Q1 figures, but guidance cut as expected
Shelf Drilling (SHLF:STO) | 0 0 0.0%
- Published:
12 May 2025 -
Author:
Sebastian Grindheim | Ole H. Berg -
Pages:
12 -
Revenues of USD 246m (+7% vs. ARCe and -12% vs. cons)Adj. EBITDA of USD 96m (+10% vs. ARCe and +27% vs. cons)EBITDA'25 guidance revised down as expected, still in-line with consCapex guidance reduced, leaving implied FCF guidance unchangedNeutral report - Limited contract updates offset the earnings beat