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

Q2 2020 Archer Ltd Earnings Call Transcript

Aug 14, 2020 / 07:00AM GMT
Release Date Price: kr25.67 (-0.19%)
Operator

Welcome to the Archer Second Quarter 2020 Earnings Release. (Operator Instructions)

I'll now hand the floor to Dag Skindlo, CEO. Please begin your meeting.

Dag Skindlo
Archer Limited - CEO

Thank you, Mark. Good morning, ladies and gentlemen, and thank you for joining us for Archer's Second Quarter 2020 Conference Call. The call is being hosted jointly from Oslo and Stavanger, and I am on the call together with Archer's Chief Financial Officer, Espen Joranger.

In today's call, I will touch upon the key highlights and summarize Archer's operations for the second quarter before handing the call over to Espen, who will walk us through some of the financial metrics and provide you with an updated outlook for 2020. Towards the end of the call, we will open the line for questions.

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

Next slide, please. When we entered the second quarter, the world was very uncertain, and

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