MMA Offshore Limited provided earnings guidance for the second half and full year of fiscal 2015. For the second half, the company anticipates its underlying second half earnings for the 2015 financial year will be significantly lower than reported first half earnings.

For the full year, the company expects that its full year underlying earnings will be similar to fiscal year 2014 reported earnings. There has been some recent firming of the oil price, albeit at very low comparative levels, which is encouraging for the future, but on present indications the Company expects trading conditions to remain soft into fiscal year 2016.