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After a half year full of setbacks has maritime services provider SBM Offshore today is good news for investors. The company Schiedam has a good half year and therefore increases the revenue guidance for the full year. SBM has just announced at the presentation of the interim results.
So far, the company’s CEO Bruno Chabas was assumed that throughout 2015 at least 2.2 billion dollars (about 2 billion euros ) would be converted. But partly due to the sale of an interest in a partnership, this is at least $ 2.6 billion, announced after market close SBM.
Now more sales than expected
In the first six months This year SBM Offshore put a small $ 1.6 billion. Although this is less than in the same period last year, but more than market experts had expected. According to Reuters news agency they had used for presenting the figures on average because of a small $ 1.5 billion.
Also on the Brazilian corruption scandal that the company has more than eighteen months haunts SBM is optimistic. The group achieved in March this year a deal with Brazilian prosecutors and regulators. This agreement will open according to the company the door to a “mutually acceptable settlement.”
A series of bribery scandals
SBM is a leader in the field of floating production and storage platforms used in oil production from the deep sea. By lower oil prices, screws oil companies their investments. The image of SBM has also seriously damaged by a series of bribery scandals that occurred between 2007-2011.
Despite a recent settlement of 240 million dollars (194 million euros) with the Public Prosecutor in the Netherlands, drag the affair continued still in Brazil. That run multiple corruption investigations involving SBM is involved. The company can not compete for new orders in the country
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- SBM Offshore
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