Q2 2019 Archer Ltd Earnings Call Transcript

Aug 08, 2019

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Aug 08, 2019 / 07:00AM GMT
Operator

Hello, and welcome to the Archer Second Quarter 2019 Earnings Release. (Operator Instructions)

Today, I am pleased to present Executive Chairman, Kjell-Erik Ãstdahl; and Dag Skindlo, CFO. Please begin.

Kjell-Erik Ãstdahl - Archer Limited - Executive Chairman

Well, thank you, Hugh, and good morning, ladies and gentlemen, and thank you for joining us for Archer's Second Quarter and Half Year 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 second quarter before Dag will review operation and the financials. Before ending the call, I will open the line for questions.

Next slide, please. The second quarter marks the fourth quarter in a row with EBITDA margin above 10%, showing that we have been able to deliver stable financial performance at a higher level coming out of the downturn.

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