Subsea 7 lifts 2026 adjusted EBITDA margin outlook to about 24%

PUBT · 2d ago
Subsea 7 lifts 2026 adjusted EBITDA margin outlook to about 24%
  • 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.


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