Analyst Presentation - Second Financial Quarter 2020
(WorldNews Environment)

2Q 2020 RESULTS 13 August 2020 www.mermaid-group.com Disclaimer: The information contained in this document is intended only for use during the presentation and should not be disseminated or distributed to parties outside the presentation. Mermaid Group accepts no liability whatsoever with respect to the use of this document or its contents. AGENDA Business Report Financial Review Business Outlook 2 BUSINESS REPORT 3 2Q 2020 HIGHLIGHTS Revenue from subsea sector decreased 35.5% YoY due to lower contribution margin and scheduled 5-years regulatory dry-docking activity EBITDA decreased YoY from (1.0)m in 2Q 2019 to (5.3)m in 2Q 2020 mainly because of the impact by dry-docking activity for...