Archer Limited: Trading update Q4 2018 and Financial Outlook 2019
Hamilton, Bermuda (January 23, 2019) Archer will today, January 23, 2019, host an analyst lunch where we will share a trading update for Q4 2018 and preliminary financial outlook for 2019. Trading update Q4 2018 - Best operational results since 2015 Based on preliminary unaudited reporting from operating units, Archer Limited expects to report the following key financial numbers for Q4 2018: · Revenue of approximately $233 million · EBITDA before exceptional items of approximately $27 million · EBITDA of approximately $24 million · Net interest bearing debt reduced to