Subsea 7 lifts 2026 adjusted EBITDA margin outlook to about 24%
Reuters2026/07/30 07:11Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- Subsea7 raised 2026 guidance for adjusted EBITDA margin to about 24%, up from a prior expectation of about 23%.
- Revenue outlook set at USD 7.4-7.8 billion; administrative expense forecast at USD 340-360 million.
- Depreciation and amortisation expected at USD 650-670 million; net finance cost seen at USD 30-40 million, down from USD 40-50 million.
- Capital expenditure forecast increased to USD 350-380 million from USD 281 million in 2025; effective tax rate expected at 30-35%.
- Guidance revision follows Q2 adjusted EBITDA of USD 471 million with a 24% margin; quality backlog totaled USD 13.6 billion.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Subsea 7 SA published the original content used to generate this news brief on July 30, 2026, and is solely responsible for the information contained therein.
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