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Market: Oslo Symbol: SUBC ISIN: LU0075646355 Industry: Oil & Gas Equipment & Services
Subsea 7 is a global leader in the delivery of offshore projects and services for the evolving energy industry. We create sustainable value by being the industry’s partner and employer of choice in delivering the efficient offshore solutions the world needs.
Share data 24/09/2021
Currency NOK Volume 713,995
Previous Close 65.48 Number of Shares (mil) 300.00
Change (%) 2.70 Market Cap (mil) 19,644
Key figures 2018 2019 2020
(in USD $m) 31-Dec 31-Dec 31-Dec
Revenue 4,074 3,657 3,466
Adjusted EBITDA (a) 669 631 337
Adjusted EBITDA margin (a) 16% 17% 10%
Net operating income excluding goodwill impairment charge 200 77 (428)
Goodwill impairment charge - (100) (605)
Net operating (loss) income 200 (23) (1,034)
Net (loss) income 165 (82) (1,105)
Order Backlog 4,907 5,187 6,214
Cash and cash equivalents 765 398 512
Borrowings (258) (234) (209)
Net cash generated from operating activities 424 357 447
Earnings per share (in USD $ per share)
Basic 0.56 (0.27) (3.67)
Diluted 0.56 (0.27) (3.67)
Adjusted diluted 0.56 0.05 (1.64)
Weighted average number of common shares 327.2m 304.9m 297.7m

(a) During the year ended 31 December 2020 restructuring charges of $86 million were recognised (2019: $nil), adversely impacting Adjusted EBITDA and Adjusted EBITDA margin.

Revenue

Adjusted EBITDA

Adjusted diluted earnings per share*

*Adjusted diluted earnings per share represents diluted earnings per share excluding goodwill impairments, remeasurement of gains, and gains on bargain purchases related to business combinations.