Reach Subsea ASA reported earnings results for the full year ended December 31, 2023. For the full year, the company reported sales was NOK 1,966.58 million compared to NOK 1,161.53 million a year ago. Revenue was NOK 1,995.9 million compared to NOK 1,162.82 million a year ago.

Net income was NOK 225.79 million compared to NOK 72.19 million a year ago. Basic earnings per share from continuing operations was NOK 0.89 compared to NOK 0.35 a year ago. Diluted earnings per share from continuing operations was NOK 0.75 compared to NOK 0.34 a year ago.