SBM Offshore NV (OTCPK:SBFFY)
$ 19 0.64 (3.49%) Market Cap: 3.38 Bil Enterprise Value: 12.58 Bil PE Ratio: 8.05 PB Ratio: 0.94 GF Score: 72/100

Full Year 2021 SBM Offshore NV Earnings Call Transcript

Feb 10, 2022 / 09:00AM GMT
Release Date Price: $15.27 (-5.86%)
Operator

Ladies and gentlemen, thank you for holding, and welcome to SBM Offshore Full Year 2021 Earnings Update. (Operator Instructions) Just to remind you, this conference is being recorded.

I would like to hand over the conference to Mr. Bruno Chabas. Go ahead, please.

Bruno Y. R. Chabas
SBM Offshore N.V. - Chairman of Management Board & CEO

Thank you very much, operator. And welcome to the SBM Offshore full year 2021 earnings update call. My name is Bruno Chabas, CEO of SBM Offshore. And I'm joined today by my management board: Philippe Barril, Erik Lagendijk and Douglas Wood.

I will present SBM Offshore's main achievements of 2021 and go through the general strategic update of the company, after which Douglas Wood talks to us through the financials. We will welcome your questions after the prepared section of this call. So, as always, please note the disclaimer.

And now, let's go through the call of the presentation. And we're going to start by speaking about our business model. We, as SBM Offshore, are not in the energy business.

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