Jul 22, 2021 / 05:00AM GMT
Presentation
Jul 22, 2021 / 05:00AM GMT
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Corporate Participants
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* Fredrik Amundsen
TGS ASA - CFO
* Kristian Kuvaas Johansen
TGS ASA - CEO
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Kristian Kuvaas Johansen - TGS ASA - CEO
Good morning, and welcome to TGS Q2 2021 earnings release. My name is Kristian Johansen. I'm the CEO of TGS. And with me today, I have Fredrik Amundsen, our CFO, who's going to present the financial section of the earnings release. Before we get started, I would like to draw your attention to our forward-looking statements, as you can read yourself. And then I'll go into the financial highlights for Q2.
In Q2 2021, we had net revenues of $53.6 million. These are segment numbers, as you may be aware of. We had late sales of $35.9 million, and we have prefunding of about $14 million. And while we were not particularly pleased about the net revenues for the quarter, we were pleased about having a strong cost discipline and a lower CapEx, which resulted in another quarter with a positive free
Q2 2021 TGS ASA Earnings Pre-Recorded Presentation Transcript
Feb 15, 2024
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