Prosafe SE: Second-quarter results and first half report 2025

(Figures in brackets refer to the corresponding period last year)22 Aug 2025 – Prosafe SE reported EBITDA of USD 3.1 million (USD 6.6 million) for the second quarter and USD 7.7 (USD 13.8 million) for the first half of 2025.OPERATIONS, HSSE AND BACKLOG Good operating performance on all vessels.Utilisation of 66%, four out of five vessels operating during the quarter Safe Zephyrus, Safe Eurus and Safe Notos operating at 99% utilisation in BrazilSafe Caledonia commenced operations at...

Stavanger, 22/08/2025 (informazione.news - comunicati stampa - economia)

(Figures in brackets refer to the corresponding period last year)

22 Aug 2025 – Prosafe SE reported EBITDA of USD 3.1 million (USD 6.6 million) for the second quarter and USD 7.7 (USD 13.8 million) for the first half of 2025.

OPERATIONS, HSSE AND BACKLOG

Q2 AND FIRST HALF FINANCIALS

RECAPITALISATION

MARKET AND OUTLOOK

Terje Askvig, the CEO of Prosafe, says, “The completion of the recapitalisation is a significant milestone for Prosafe, strengthening our balance sheet and providing a sustainable capital structure. We are well positioned to deliver increased earnings going forward supported by a growing backlog and higher utilisation in an improving global offshore accommodation market.

Presentation

Terje Askvig, CEO and Reese McNeel, CFO will today at 10:00 a.m. CEST present the results at Pareto Securities, Dronning Mauds gate 3, 0115 Oslo.

The presentation is open to public and can also be followed live via web streaming at https://wwww.prosafe.com  

It will be possible to ask questions during the presentation by using the Q&A tool embedded in the audiocast. These questions will be answered after the presentation.

A replay of the audiocast will be made available on Prosafe's website shortly after.

The Q2 2025 press release, H1 report and presentation are attached and can be downloaded from https://www.prosafe.com and www.newsweb.no (https://www.newsweb.no)

Prosafe is a leading owner and operator of semi-submersible accommodation vessels. The company is listed on the Oslo Stock Exchange with ticker code PRS. For more information, please refer to www.prosafe.com ( https:///www.prosafe.com )

For further information, please contact:

Terje Askvig, CEO Phone: +47 952 03 886

Reese McNeel, CFO Phone: +47 415 08 186

This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act

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