SOC Subsea 7 S.A.

Subsea 7 S.A.: Notification of major holding

Subsea 7 S.A.: Notification of major holding



Subsea 7 S.A. has received notification of transactions in its shares by a major shareholder. Please see the attached forms for details. This information is pursuant to the EU Market Abuse Regulation and subject to the disclosure requirements pursuant to Section 5-12 of the Norwegian Securities Trading Act.



Attachment



EN
23/10/2024

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Reports on Subsea 7 S.A.

Baptiste Lebacq
  • Baptiste Lebacq

Subsea 7 : 2024 EBITDA guidance increased by 5% and great confidence f...

>Outperform rating and target price of NOK 250 - Following the earnings release and the conference call, we leave our earnings sequence unchanged (and are more confident that the group will achieve our estimates). Subsea 7 is in our view well placed to ride: 1/ the ongoing acceleration in offshore/subsea capex (we are looking for average annual market growth of more than 15% over 2024-2026e); 2/ and that in investment in renewables in the UK (post elections) to reduc...

Baptiste Lebacq
  • Baptiste Lebacq

Subsea 7 : Guidance d’EBITDA 2024 relevée de 5% et grande confiance su...

>Opinion Surperformance et OC 250 NOK réitérés - Post publication et conférence call, nous maintenons inchangée notre séquence de résultats (et sommes plus confiants quant à leur atteinte par le groupe). Subsea 7 est, selon nous, bien positionné pour surfer 1/sur l’accélération en cours des Capex en offshore/subsea (nous tablons sur un marché en croissance annuelle moyenne de plus de 15% sur 2024/2026e) ; 2/ ainsi que sur celle des investissements dans les renouvelabl...

ABGSC Oil & Oil Services Research ... (+3)
  • ABGSC Oil & Oil Services Research
  • Haakon Amundsen
  • John Olaisen

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