SBM Offshore N.V. (SBFFY) Q2 2026 Earnings Call August 6, 2026 4:00 AM EDT
Company Participants
Oivind Tangen – CEO & Chair of the Management Board
Douglas Wood – CFO & Member of Management Board
Conference Call Participants
Guilherme Levy – Morgan Stanley, Research Division
Luuk Van Beek – Banque Degroof Petercam S.A., Research Division
Philip Ngotho – Kepler Cheuvreux, Research Division
Victoria McCulloch – RBC Capital Markets, Research Division
Mick Pickup – Barclays Bank PLC, Research Division
Jeremy Kincaid – Kempen & Co. N.V., Research Division
Thijs Berkelder – ODDO BHF Corporate & Markets, Research Division
Quirijn Mulder – ING Groep N.V., Research Division
Presentation
Operator
Ladies and gentlemen, thank you for holding, and welcome to the SBM Offshore Half Year 2026 Earnings. At this moment, all participants are in a listen-only mode. [Operator Instructions]. Just to remind you, this conference is being recorded. I would now like to hand the conference over to Mr. Oivind Tangen. Please go ahead.
Oivind Tangen
CEO & Chair of the Management Board
Thank you, operator. Good morning, everyone, and welcome to SBM Offshore’s Half Year 2026 Earnings Call. I am Oivind Tangen, CEO of SBM Offshore. And joining me on the call, as always, is our CFO, Douglas Wood. Thank you for joining us today and for your continued interest in SBM Offshore. Please take note of the disclaimer.
SBM Offshore entered 2026 with strong momentum and the first half of the year confirms the strength of our model, disciplined execution, robust client demand and continued value creation for shareholders. Our strategy continues to deliver profitable growth from our core offshore energy production activities. New order intake supported by sustained demand for lower carbon, lower-cost deepwater infrastructure and strong project execution reinforces the resilience of our business.
Our Fast4Ward program and disciplined investment in new hulls continue to
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