PGS ASA (LTS:0MHR)
kr 8.511 -0.639 (-6.98%) Market Cap: 8.17 Bil Enterprise Value: 14.52 Bil PE Ratio: 23.24 PB Ratio: 1.57 GF Score: 57/100

Q2 2021 PGS ASA Earnings Call Transcript

Jul 22, 2021 / 07:00AM GMT
Release Date Price: kr4.4 (-6.16%)
Bard Stenberg
PGS ASA - VP of IR & Corporate Communication

Good morning, and welcome to this audiocast presenting PGS Second Quarter and Preliminary First Half 2021 Results. My name is Bard Stenberg, Vice President, Investor Relations and Communications in PGS. With us from management today are President and CEO, Rune Olav Pedersen; and CFO, Gottfred Langseth.

Before we start, I would like to give some practical information. Participants on this audiocast can submit their questions via the audiocast platform. I'd also like to draw your attention to the cautionary statement in today's earnings release and presentation and the risk factors disclosed in our 2020 annual report and the Q2 2021 earnings release.

So with that, it's my pleasure to give the word to Rune Olav.

Rune Olav Pedersen
PGS ASA - President & CEO

Thank you, Bard.

In PGS, we have delivered a solid second quarter, considering the challenging market conditions we have been experiencing. We continue to leverage our integrated business models -- model, where we

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