Subsea 7 SA 2024 AR2
The report highlights Subsea7's strong operational and financial performance in 2024, with revenue increasing 14% year-on-year to $6.8 billion and Adjusted EBITDA rising 53% to $1.09 billion. The company successfully transitioned its sustainability reporting to align with the EU Corporate Sustainability Reporting Directive (CSRD), publishing its inaugural Sustainability Statements. Key operational achievements included completing scopes on offshore wind projects representing four gigawatts of capacity and finishing subsea infrastructure for the Northern Lights carbon capture and storage project. Subsea7 also secured a record order intake of $8.2 billion, bringing its backlog to $11.2 billion at year-end.
Company: Subsea 7 SA
Sector: Mining & quarrying
Country: Luxembourg
Year: 2024
Type: AR2
Pages: 228
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Subsea 7 SA
Annual Report
The report highlights Subsea7's strong operational and financial performance in 2024, with revenue increasing 14% year-on-year to $6.8 billion and Adjusted EBITDA rising 53% to $1.09 billion. The company successfully transitioned its sustainability reporting to align with the EU Corporate Sustainability Reporting Directive (CSRD), publishing its inaugural Sustainability Statements. Key operational achievements included completing scopes on offshore wind projects representing four gigawatts of capacity and finishing subsea infrastructure for the Northern Lights carbon capture and storage project. Subsea7 also secured a record order intake of $8.2 billion, bringing its backlog to $11.2 billion at year-end.
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Document Details
Report Year
2024
Reporting Period
Jan 1, 2024 - Dec 31, 2024
Fiscal Year
2024
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Energy Consumption
Women in Management
Workplace Fatalities
Net Zero Target
Employees