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 2022 PGS ASA Earnings Call Transcript

Jul 21, 2022 / 06:00AM GMT
Release Date Price: kr6.3 (+2.15%)
Bard Stenberg
PGS ASA - VP of IR & Corporate Communication

Good morning, and welcome to this audiocast presenting PGS Second Quarter and First Half 2022 Results. My name is Bard Stenberg, Vice President, Investor Relations and Corporate Communications in PGS.

With us from management today are Rune Olav Pedersen, President and CEO; and Gottfred Langseth, CFO.

Before we start, I would like to give some practical information. Participants on this audiocast can submit their questions via the audiocast platform. I would also like to draw your attention to the cautionary statement in today's earnings release and presentation and the risk factors disclosed in our 2021 annual report and in the Q2 2022 earnings release.

The agenda for today is summarized on this slide. So Rune Olav will start with Q2 takeaways, financial summary and the order book. Then Gottfred will give you a review of the Q2 financials. Towards the end, Rune Olav give you an operational update, market comments and review of our 2022 guidance, followed by the Q&A session.

So with that, I give the

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