Friday, October 24, 2008

PGS

PGS results YTD(9 months)

Revenue 1 455.9 MUSD(+27%)

EBIT 569.4 MUSD(+36%)

Eps(diluted) 2.11 USD(-12%)

Order backlog 1200 MUSD(+30%)(onshore increased, marine decreased)

Net interest bearing debt 1177.6 MUSD(+59%)

P/E(ttm)1.87(P=30.75 NOK, E=$2.36 x 6.94 NOK=16.37NOK)

Q3 presentation(.pdf)

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