Financial Report 3rd quarter 2021 for DOF Subsea

The Group’s operating revenue for the 3rd quarter (management reporting) was NOK 1,554 million (NOK 1,547 million in Q3 2020) and the operating profit before depreciation and impairment (EBITDA) was NOK 645 million (NOK 707 million).

The average utilisation of the Group's fleet during the 3rd quarter was 90%; 87% for the Subsea/IMR Project fleet and 94% for Long-term Chartering fleet.

At the end of the 3rd quarter, the Group had a firm backlog of NOK 10,5 billion.

Please see enclosed the 3rd quarter 2021 Financial Report.
>>> DOF Subsea Financial Report Q3 2021.pdf

For further information, please contact:
Mons S. Aase, CEO, DOF Subsea – Tel: +47 91 66 10 12
Marianne Møgster, SVP Finance, DOF Subsea – Tel: +47 99 30 69 16

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