SBM Offshore shares dived on Thursday after the Dutch oil and gas services company’s cautious guidance disappointed the market despite full-year results meeting expectations. For 2022, the group expects revenue to amount to more than $3.1 billion and earnings before interest, taxes, depreciation and amortisation (EBITDA) to reach about $900 million. Analysts polled by the …
The post SBM Offshore’s profit guidance ‘a touch light’, shares plunge first appeared on Hellenic Shipping News Worldwide.