The contractor earned $174 million in the fourth quarter on revenues down 15% compared to the year-ago period at $1.4 billion.
Operating profit rose 24% to $232 million due to primarily higher rig building and fixed platform earnings, SembMarine said.
On an annual basis, group net profit rose 1% to $560 million in 2014 on revenues up 6% to $5.8 billion and group ebidta up 10% to $822 million.
The
