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Full Year 2018 SBM Offshore NV Earnings Call Transcript
Good morning, ladies and gentlemen. Thank you for holding, and welcome to the SBM Offshore Full Year 2018 Earnings Update Call.
(Operator Instructions) I would like to hand over the conference to Mr. Bruno Chabas. Please go ahead, sir.
Thank you, operator, and good morning to all of you. Thank you for joining us today for this full year 2018 earnings update.
I'm joined here in Amsterdam with the full management team with Douglas Wood, Philippe Barril and Erik Lagendijk. We have prepared a presentation, after which we are ready to take your questions.
Formal statements are forward looking, and I therefore encourage you to read our usual disclaimer.
So let me start by explaining SBM Offshore in a nutshell. And giving the fact that we're on Valentine's, it's probably a good way to go about it and to see how you're going to explain this to your lover.
SBM Offshore is really the tale of 2 businesses which are complementary and participate
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