Fleet utilisation in the second quarter of 2019 was 71.6 per cent, the highest since Q3 2015. Three new contracts were awarded since the last quarter. Reported EBITDA for the second quarter amounted to USD 53.1 million (USD 57.1 million). Cash flow from operations was USD 18.1 million (USD 43.5 million).
Recent highlights
Jesper K. Andresen, Prosafe’s CEO says, “Despite general low activity in the market, it is positive that we were awarded three contracts since the last quarterly report. Further, the merger process with Floatel International is high on our agenda these days, a merger that is needed to create a cost efficient and sustainable company for global offerings to our clients.”
A complete version of the Q2 2019 earnings release and the Q2 2019 presentation can be downloaded from www.prosafe.com and www.newsweb.no
Prosafe is a leading owner and operator of semi-submersible accommodation vessels. The company is listed on the Oslo Stock Exchange with ticker code PRS. For more information, please refer to https://www.prosafe.com
21 August 2019
The Board of Directors of Prosafe SE
For further information, please contact:
Jesper K. Andresen, CEO
Phone: +47 907 65 155
Stig Harry Christiansen, Deputy CEO&CFO
Phone: +47 478 07 813
This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act
Attachments
Hinweis: ARIVA.DE veröffentlicht in dieser Rubrik Analysen, Kolumnen und Nachrichten aus verschiedenen Quellen. Die ARIVA.DE AG ist nicht verantwortlich für Inhalte, die erkennbar von Dritten in den „News“-Bereich dieser Webseite eingestellt worden sind, und macht sich diese nicht zu Eigen. Diese Inhalte sind insbesondere durch eine entsprechende „von“-Kennzeichnung unterhalb der Artikelüberschrift und/oder durch den Link „Um den vollständigen Artikel zu lesen, klicken Sie bitte hier.“ erkennbar; verantwortlich für diese Inhalte ist allein der genannte Dritte.