BRIEF-SBM Offshore reports YTD 2016 directional revenue of $442 million

miércoles 11 de mayo de 2016 01:19 GYT

May 11 (Reuters) - Sbm Offshore NV :

* Year-To-Date 2016 directional revenue in line with management expectations at $442 million

* Reiterating 2016 directional revenue and EBITDA guidance of at least $2.0 billion and around $750 million, respectively

* Directional backlog as of March 31, 2016 is $18.5 billion versus $18.9 billion as of Dec. 31, 2015

* Discussions with Brazilian authorities and Petrobras regarding a settlement agreement are progressing

* Timing and size of any potential settlement remain to be confirmed

* Cooperating with US department of justice in its enquiries following reopening of its case in January Source text for Eikon: Further company coverage: (Gdynia Newsroom)