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Full Year 2019 SBM Offshore NV Earnings Call Transcript
Hello, and welcome to the SBM Offshore Full Year 2019 Earnings Update Call. (Operator Instructions) Just to remind you, this conference is being recorded.
Today, I am pleased to present Mr. Bruno Chabas, CEO of SBM Offshore. Sir, please go ahead.
Thank you very much, and welcome all to the SBM Offshore Full Year 2019 Earning Update. Thank you for joining in. My name is Bruno Chabas, CEO of the SBM Offshore. And I'm joined today by the full management team with Philippe Barril, Erik Lagendijk and Douglas Wood. I will present the general strategic update of the company, after which, Douglas would talk to you about our financials. We will welcome questions after the prepared section of this call. Please note the disclaimer slide, as always, and we go straight into the highlights for the year.
So 2019 was overall strong and satisfying year for SBM Offshore. Let's start with commercial success with a USD 6 million backlog increase sustained by the Fast4Ward program
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