SBM Offshore N.V. (SBFFY.PK) reported that its first-quarter consolidated turnover totalled US$1.00 billion compared to US$739 million last year; an increase of 35.5 percent. First-quarter order intake was US$7.85 billion including Petrobras LOIs resulting in a total order portfolio at 31 March 2013 of US$21.11 billion.
The company confirmed its outlook to generate turnover growth of approximately 8%, to US$4 billion in 2013.
Bruno Chabas, SBM Offshore's CEO, said, "Our on-going projects are on track, as is turnover and we continue to pursue new prospects to take full advantage of the opportunities within the industry, while at the same time continuing our transformation activities".
For comments and feedback: editorial@rttnews.com