Prosafe SE (OSL:PRS)

kr 30.55 -0.35 (-1.13%) Market Cap: 545.89 Mil Enterprise Value: 4.39 Bil PE Ratio: 0 PB Ratio: 1.53 GF Score: 65/100

Q3 2023 Prosafe SE Earnings Call Transcript

Oct 26, 2023 / 08:00AM GMT

Release Date Price: kr64.8 (-19.78%)

Transcript

Reese McNeel

Prosafe SE - Interim CEO & CFO

Thank you, everyone, for joining this quarterly -- yeah, this Q3 audiocast for Prosafe SE. On the call today, you have myself, Reese McNeel, the Interim CEO and CFO. We also have on the call today, Glenn RÃ¸dland, our Chairman; and BÃ¥rd Haugan, our Group Finance Director.

To start off the call, I'd like to hand it over to Glen, who will start off for us today and then I will follow up after. So Glen, I hand it over to you.

Glen RÃ;dland

Prosafe SE - Chairman

¸ -

Yeah. Good morning, everybody, and welcome to this audio call. I will just give a short introduction before we start the formal presentation of the third quarter. So yesterday, we announced that we raised NOK350 million at NOK60, probably a surprise to many of you that company decided to do another capital raise after we raised capital in May.

The reason -- there's three reasons why we had to go to the market in May, and then again now in October. The market -- first of all, the market is the first factor. For

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