OSL:SUBC News | QuoteStream

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SUBC: Q2 adjusted EBITDA up 31% to $471M; backlog at $13.6B; margin guidance raised to ~24%

Adjusted EBITDA grew 31% year-on-year to $471 million with a 24% margin, driven by strong project execution and high vessel utilization. Backlog reached $13.6 billion, and full-year EBITDA margin guidance was raised to ~24%. Renewables market remains subdued, while merger integration with Saipem pr…

Quartr en_IN 30/7/2026, 08:02 pm GMT+8

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SUBC: Strong Q2/H1 growth, margin expansion, and $13.6B backlog drive raised 2026 outlook

Q2 and H1 2026 saw double-digit revenue and profit growth, margin expansion, and robust cash flow, driven by strong performance in both Subsea and Renewables. Backlog reached $13.6 billion, supporting a positive outlook, and FY 2026 EBITDA margin guidance was raised to 24%.Original document: Subsea…

Quartr en_IN 30/7/2026, 02:42 pm GMT+8

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