Archer Expects Slightly Better Q4 than Q3
Oil services company Archer expects the fourth quarter to be slightly better than the third quarter, Chief Financial Officer Dag Skindlo said on Tuesday.
** Skindlo was answering a question about revenue and margins in the Western and Eastern hemisphere in the fourth quarter during a news conference
** "We do see an improvement in the fourth quarter," he said
** Skindlo says with a stable oil price at current healthy levels we see activity and revenue grow further into 2018
** Says also looking at complementary M&A opportunities and will be able to act quickly as they arrive
** Says we remain committed to deleverage through disposal of non core-assets given a fair valuation
Reporting by Henrik Stolen
