OB:SUBCEnergy Services
Subsea 7 (OB:SUBC) Margin Reset With 104% Earnings Growth Challenges Bearish Narratives
Subsea 7 (OB:SUBC) has wrapped up FY 2025 with fourth quarter revenue of US$1.96b, net income of US$145.4m and EPS of US$0.49, set against a trailing twelve month picture of US$7.09b in revenue and EPS of US$1.39 that reflects very large earnings growth of 104.3% over the last year. The company has seen quarterly revenue move from US$1.87b in Q4 2024 to US$1.96b in Q4 2025, while quarterly EPS shifted from US$0.07 to US$0.49 over the same period, with trailing net margin improving from 2.9%...