SBM Offshore N.V.
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Publicatie datum
10 feb 2016 - 18:00
Statutaire naam
SBM Offshore N.V.
Titel
SBM OFFSHORE 2015 FULL-YEAR EARNINGS
Bericht
Positive free cash allows return to dividend
February 10, 2016
SBM Offshore is pleased to report revenue and net debt reduction in line with expectations. Although industry challenges have led to continued postponement of client investment decisions, the Company's predominant activity of leasing, operating and maintaining FPSOs is generating positive cash flows. Consequently, following a five year hiatus, a cash dividend payment of US$0.21 per share is being proposed. Additionally, discussions with Brazilian authorities have progressed to the point of making a compliance settlement provision.
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Datum laatste update: 27 juli 2024