Financial Report 3rd quarter 2022 for DOF Subsea AS

The Group’s operating revenue for the 3rd quarter (management reporting) was NOK 2,210 million (NOK 1,554 million in Q3 2021) and the operating profit before depreciation and impairment (EBITDA) was NOK 800 million (NOK 645 million).

The average utilisation of the Group's fleet during the 3rd quarter was 90%; 87% for the Subsea/IMR Projects fleet and 96% for the Long-term Chartering fleet.

At the end of the 3rd quarter, the Group had a firm backlog of NOK 12.6 billion.

Please see enclosed the 3rd quarter 2022 Financial Report.
>>> DOF Subsea Q3 2022 Financial Report (PDF)

For further information, please contact:
Mons S. Aase, CEO DOF Subsea AS - Tel: +47 91 66 10 12
Martin Lundberg, CFO DOF Subsea AS - Tel: +47 91 62 10 57

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