Total revenues reached $7.3bn (+6%), led by services growing by 9%

Contractor reported a rise in revenue and an 8.8% EBIT margin despite ‘typically slow’ Q1

Net operating deficit of $220m due to asset swap deal with BP for full ownership of Empire Wind lease

Contractor says adjusted EBITDA margin of 0.7% is partly due to North Sea seasonality

Results due to lack of finalised project sales during the first part of this year

Group recorded increased turnover, operating profit and profit before tax in 2023