Subsea7 reports 27% increase in adjusted EBITDA in third quarter
Subsea7 posted higher operating profit and a record order backlog, supported by long-term contracts in the Subsea and Renewables segments.
| Companies | Subsea 7 |
|---|---|
| Sector | Énergie Marine & Hydraulique, Énergie Éolienne, Énergie Hydrogène |
| Theme | Marchés & Finance |
Offshore engineering and services group Subsea7 reported adjusted EBITDA of $407mn in the third quarter of 2025, a 27% increase compared to the same period last year. The adjusted EBITDA margin stood at 22%, driven by strong performance in the Subsea and Renewables segments, which reached margins of 24% and 17% respectively. Quarterly revenue remained stable at $1.84bn.
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