MODEC, Inc.
Fiscal Year Ending December 2026 Q3 Financial Summary [IFRS] (Consolidated)
For the nine months ended September 2026, consolidated revenue was 3,690,794 thousand USD, up 10.1% year-over-year. Operating income was 390,160 thousand USD (up 27.8% YoY). Net income attributable to owners of parent for the quarter was 306,530 thousand USD (up 24.8% YoY). Full-year forecast revised: revenue raised to 4,900,000 thousand USD, operating income to 520,000 thousand USD, net income to 410,000 thousand USD, and earnings per share increased to 6.00 USD. Dividend policy remains unchanged. Order intake was 676,850 thousand USD and order backlog was 15,942,835 thousand USD.
Key Figures
- Revenue: 3,690,794 thousand USD
- Operating Income: 390,160 thousand USD
- Net Income Attributable to Owners of Parent (quarter): 306,530 thousand USD
AI要約
Performance Overview
MODEC, Inc. recorded revenue of 3,690,794 thousand USD in Q3 (up 10.1% YoY). Operating income was 390,160 thousand USD (up 27.8%), and equity-method investment income also increased. Quarterly net income reached 306,530 thousand USD, up 24.8% year-on-year. Order intake amounted to 676,850 thousand USD and order backlog was 15,942,835 thousand USD, indicating stable growth. Meanwhile, the full-year outlook has been revised and a USD-denominated full-year forecast has been published.
Outlook and Dividend
Full-year revenue is expected to be approximately 4.90 hundred million USD, operating income approximately 8.18 hundred million USD, and net income approximately 6.45 hundred million USD. Adjusted earnings per share are projected at 6.00 USD. The dividend forecast remains unchanged, and shareholder returns will continue. FPSO-related project orders remain robust, and demand in ultra-deepwater areas is expected to stay strong.
MODEC, Inc.
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