- During Investor Day, Seatrium (SGX:S51) presented promising revenue growth targets until 2028 and post-merger cost savings, though EBITDA and profit guidance seem conservative.
Key takeaways from Investor Day
Distinctive competencies of One Seatrium.
- - Read this at SGinvestors.io -
- The proven track record with 1,300+ successful deliveries over 60-years, strong relationships with blue chip clientele (>90% repeat rate) and global network of yards spanning Singapore, Indonesia, China, Philippines, Brazil, the US, and UK, set STM apart from its Korean and Chinese peers.
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- Another symbolic project – TenneT 2GW High Voltage Direct Current (HVDC) substation – Project management and engineering are handled by the Singapore yard while topsides construction is to be carried out by Singapore and Batam yards, while UK facilities will handle offshore logistic & maintenance subsequently, offering end-to-end delivery from EPC to offshore installation, commissioning & maintenance (EPCICM).
Unrivaled market positioning to ride on industry tailwinds and decarbonisation trend.
- Read more at SGinvestors.io.
