Q1 2019 Archer Ltd Earnings Call Transcript

May 09, 2019 / 07:00AM GMT
Operator

Welcome to the Archer First Quarter 2019 Earnings Release Call. (Operator Instructions)

Today, I am pleased to present Executive Chairman, Kjell-Erik Ãstdahl; and CFO, Dag Skindlo. Please go ahead, with your meeting.

Kjell-Erik Ãstdahl - Archer Limited - Executive Chairman

Thank you, Marella, and good morning, ladies and gentlemen. And thank you for joining us for Archer's First Quarter 2019 Earnings Conference Call.

Moving to Slide 2. I would like to note that the information provided in today's call includes forward-looking statements as well as non-GAAP financial measures. I will summarize Archer's highlights from the first quarter before Dag will review operation and the financials. Before ending the call, I will open the line for questions. Next slide, please.

We continue our strong operating and financial performance in the quarter with a reported EBITDA margin of 11.1% and EBIT margin of 5.3%. Archer has, through this downturn, steadily improved the EBITDA margin from 5.6% in 2016 to 8.3% in

Already have an account? Log in
Get the full story
Access to All Earning Calls and Stock Analysis
30-Year Financial on one screen
All-in-one Stock Screener with unlimited filters
Customizable Stock Dashboard
Real Time Insider Trading Transactions
8,000+ Institutional investors’ 13F holdings
Powerful Excel Add-in and Google sheets Add-on
All data downloadable
Quick customer support
And much more...
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot