Seatrium Limited (SMBMY) Q2 2026 Earnings Call Transcript

Seatrium Limited ( SMBMY ) Q2 2026 Earnings Call July 30, 2026 11:00 PM EDT

First, despite macroeconomic uncertainties, we continue to deliver strong progress. While revenue maintained healthy momentum, our primary focus is driving margin efficiencies. Our cost optimization and divestments are delivering real sustainable benefits. Second, we remain well positioned to capture opportunities from a global pipeline of over $32 billion. Although the market was relatively quiet in the first half, we are actively engaged across all major energy markets and expect FID momentum to accelerate in the coming quarters. Our net order book remains healthy at $13.3 billion, providing clear near-term earning visibility with a higher quality project mix. Third, we are shifting from recovery to value creation. This means growing earnings, generating cash and building resilience by scaling our series built and adjacent services