Reach Subsea ASA (FRA:4RS)
€ 0.774 -0.02 (-2.52%) Market Cap: 208.08 Mil Enterprise Value: 341.28 Mil PE Ratio: 12.10 PB Ratio: 2.79 GF Score: 76/100

Reach Subsea ASA M&A Call Transcript

Feb 18, 2022 / 09:00AM GMT
Release Date Price: €0.29506 (+5.34%)
Rachid Bendriss
Reach Subsea ASA - Chairperson of the Board

Good morning and welcome to this presentation of the exciting news we released yesterday, the iSURVEY acquisition and the Wilhelmsen strategic partnership. My name is Rachid Bendriss. I'm the Chairman of the Board of Reach. And before moving into what's actually happening here, just a quick word about our disclaimer, urge you to take note of that.

Before taking the step into the transactions we announced, let me just give you a brief update on who we are, where we're coming from, and why these moves make sense. Now we are a subsea service provider. What we do is to provide our clients with data in the form of maps, images, videos, data that aids our clients in their decision-making, or we provide them with solutions, typically maintenance and repair of equipment at the seabed or below the surface.

And the way we deliver those data and solutions to our clients is by mobilizing our specialists, our engineers, and our equipment, typically the remotely operated vehicles onto a subsea vessel, which we then travel to site and

Already have an account? Log in
Get the full story
Access to All Earning Calls and Stock Analysis
30-Year Financial on one screen
All-in-one Stock Screener with unlimited filters
Customizable Stock Dashboard
Real Time Insider Trading Transactions
8,000+ Institutional investors’ 13F holdings
Powerful Excel Add-in and Google sheets Add-on
All data downloadable
Quick customer support
And much more...
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot