Archer Ltd (OSL:ARCH)

kr 23.315 0.33 (1.44%) Market Cap: 2.11 Bil Enterprise Value: 6.58 Bil PE Ratio: 0 PB Ratio: 0.75 GF Score: 63/100

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Q1 2020 Archer Ltd Earnings Call Transcript

May 08, 2020 / 07:00AM GMT

Release Date Price: kr17.46 (+0.22%)

Transcript

Operator

Welcome the First Quarter 2020 Results Conference Call for Archer. (Operator Instructions)

I will now hand over to Dag Skindlo, CEO; and Espen Joranger, CFO. Please begin.

Dag Skindlo

Archer Limited - CEO

Thank you, Shane. Good morning, ladies and gentlemen, and thank you for joining us for Archer's First Quarter 2020 Trading Update Conference Call. The call is hosted jointly from Oslo and Stavanger. And I'm on the call together with Espen Joranger, our recently appointed Chief Financial Officer.

In today's call, I will touch upon the key highlights before handing the call over to Espen, who will summarize the Archer's Q1 financial results, before I, again, will walk you through the operational update. Espen will, towards the end of the call, provide an updated outlook for 2020.

Moving to Slide 2. I would like to note that the information provided in today's call includes forward-looking statements as well as non-GAAP financial measures.

Next slide, please. First quarter 2020 was an extraordinary quarter. Archer delivered

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