Q1 2020 BW Energy Ltd Earnings Call Transcript
Hello and welcome to the BW Energy Q1 presentation. (Operator Instructions) Today, I'm pleased to present Carl Arnet, CEO; Knut Sæthre, CFO. Please begin your meeting.
Good afternoon, everybody, and welcome to this conference call for BW Energy, our first conference call and our first quarterly presentation. This presentation will be hosted by myself, Carl Arnet; our CFO, Knut Sæthre; and our Chief Operating Officer, Lin Espey. Knut and myself will take you through this presentation.
I move on to the second slide. This is our disclaimer. Please note the contents of our disclaimer.
Third slide is our highlights for the quarter. Our chief concern in this COVID-19 situation has been to protect our employees, our partners and ensuring our assets.
We have done one lifting in the first quarter. And we have raised, of course, the IPO proceeds of $121 million. We got listed and started trading on the Oslo Stock Exchange on February 19.
Our EBITDA was $14.8 million related then to the lifting.
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