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

Q1 2024 Reach Subsea ASA Earnings Call Transcript

May 08, 2024 / 07:30AM GMT
Release Date Price: €0.522 (+1.95%)
Jostein Alendal
Reach Subsea ASA - Chief Executive Officer

Good morning, welcome all to our presentation of the results for the first quarter of 2024 for Reach Subsea ASA. Our report and presentation were released earlier this morning, summing up the achievements this first quarter and start of the year.

I am Jostein Alendal, CEO of Reach Subsea, and with me is CFO, Birgitte Wendelbo Johansen, Birgitte will go through the financials in a bit. We also released our annual report for 2023 on the April 19. Summing up last year and showing that we are now at a new level, and we are continuing to grow the company.

I am confident that our results from the first quarter affirm our consistent and steady progress. Executing on our strategy and achieving our goals successfully is very satisfying. Therefore, it is a great pleasure on behalf of our entire team to present this report to you. Please feel free to submit your questions through the webcast player, and we will provide answers during our Q&A session shortly after this presentation.

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