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SBM Offshore Full Year 2024 Earnings - SBM Offshore (OTC:SBFFF), SBM Offshore (OTC:SBFFY)

Summary by Benzinga
Amsterdam, February 20, 2025 Record-level results, increasing total shareholder returns Highlights Record Directional1 Revenue of US$6.1 billion (+35%), in line with guidance Record Directional EBITDA of US$1.9 billion (+44%), in line with guidance Record US$35.1 billion Directional backlog; US$9.5 billion or EUR51.6/share2 Directional net cash backlog3 30% increase in cash return to US$1.59 per share4: US$155 million dividend5; US$150 million …

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BenzingaBenzinga

SBM Offshore Full Year 2024 Earnings - SBM Offshore (OTC:SBFFF), SBM Offshore (OTC:SBFFY)

Amsterdam, February 20, 2025 Record-level results, increasing total shareholder returns Highlights Record Directional1 Revenue of US$6.1 billion (+35%), in line with guidance Record Directional EBITDA of US$1.9 billion (+44%), in line with guidance Record US$35.1 billion Directional backlog; US$9.5 billion or EUR51.6/share2 Directional net cash backlog3 30% increase in cash return to US$1.59 per share4: US$155 million dividend5; US$150 million …

·New York, United States
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stocktitan.netstocktitan.net

Record-Breaking Year: How SBM Offshore's $6.1B Revenue Transforms Shareholder Value

SBM Offshore delivers exceptional 2024 results with 44% EBITDA growth to $1.9B and announces $305M shareholder return program, backed by $35.1B record backlog.

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Benzinga broke the news in New York, United States on Thursday, February 20, 2025.
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