Subsea 7 results divided by two – Petro.no



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Subsea 7's ended with a second-quarter result of 2018 of $ 74 million. This is about half of the profits of the same period in 2017. The company closed at $ 146 million, according to a stock market announcement.

EBITDA increased from $ 340 million to $ 186 million this year. However, revenue rose from $ 1.02 billion last year to $ 1.16 billion in the second quarter of 2018.

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