Maersk Drilling raises the bottom of its guidance despite lower revenue

Danish drilling company Maersk Drilling narrows it's full-year guidance to USD 275-300 million. We delivered as expected in the third quarter, says CEO Jørn Madsen.

Photo: Maersk Drilling

Maersk Drilling is now a little more sure about its profitability and therefore narrows the scope of its full-year earnings expectations (EBITDA).

The drilling company now expects a full-year result in the range of USD 275-300 million, which is a slightly narrower range than the guidance presented in May. Here, the company expected a full-year result between USD 250-300 million.

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