Expro Group Holdings NV (STU:FK2)
€ 12.3 -0.20 (-1.6%) Market Cap: 1.40 Bil Enterprise Value: 1.40 Bil PE Ratio: 43.81 PB Ratio: 1.05 GF Score: 73/100

Q1 2025 Expro Group Holdings NV Earnings Call Transcript

Apr 30, 2025 / 03:00 PM GMT
Release Date Price: €2.48

Key Points

Positve
  • Expro Group Holdings NV (XPRO) reported its highest first-quarter performance in adjusted EBITDA and margin since merging with Franks in October 2021.
  • The company secured $272 million in new contract awards in the first quarter, demonstrating strong commercial activity.
  • Expro Group Holdings NV (XPRO) has a healthy backlog of approximately $2.2 billion, aligning with expectations.
  • The company is well-positioned for long-term growth due to its exposure to international and offshore markets, which are expected to remain strong.
  • Expro Group Holdings NV (XPRO) maintains a zero net debt balance sheet, providing strategic and financial flexibility.
Negative
  • There is significant near-term uncertainty and volatility in the global oil markets due to tariff announcements and OPEC+ production increases.
  • The company expects upstream investment to moderate in the near term, potentially impacting growth.
  • Expro Group Holdings NV (XPRO) anticipates a slowdown in offshore project approvals in regions like West Africa, which may delay activity to 2026 or beyond.
  • The company faces potential impacts from US tariffs, although these are expected to be less than $5 million.
  • Expro Group Holdings NV (XPRO) is experiencing a challenging macroeconomic and geopolitical backdrop, which could affect customer activity and project timing.


Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

XPRO.N - Expro Group Holdings NV
Q1 2025 Expro Group Holdings NV Earnings Call
Apr 30, 2025 / 03:00PM GMT

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Presentation
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Unidentified_1 [1]
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Hello everybody and welcome to the expo Q1 2025 earnings presentation.

My name is Elliot and I'll be your coordinator today.

If you would like to register questions during today's event, please press 1 on your telephone keypad.

I'd like to hand over to Chad Stevenson, director of investor relations. Please go ahead.

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Unidentified_2 [2]
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Welcome to Expo's first quarter 2025 conference call. I'm joined today by Expo's CEO Mike Jardon and Expo CFO Quinn Fanning. First, Mike and Quinn will have some prepared remarks. Then we
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