Solid execution, strong orderbook, upgraded EBITDA outlook
Safety first:

Seven Recordable Injuries of which one Lost Time Injury resulting in LTIF of 2.63;
Rigourous COVID19 measures have resulted in limitation of infections and contributed to 4.5% sickness leave (6.7% first half 2020);
Sustainable products and production:

100% of production for Offshore Wind industry;
CO2 neutral with 12 MW windturbine on Sif-premises;
Switch from gas pre-heating to induction on schedule;
Innovations:

Presentation of updated Skybox innovation (picture on next page);
Acquisition of KCI The Engineers to offer in-house design engineering capabilities;
New projects:

Exclusive contract negotiations for
production of 130 kton for longer term deliveries;
Operations:

Delivery of TP-less monopiles for Hollandse Kust Zuid (picture on this page, next column);
Preparation and production-line set up for Dogger Bank A;
Marshalling & Logistics for Kincade (Cobra) project completed;
200 mtr Quay extension and Roll-on Roll-off Quay construction on schedule for Siemens HKZ marshalling project which will start end 2021.
Total throughput of approximately 88 Kton steel or 102 monopiles and 3 transition pieces (76 Kton or 84 monopiles and 43 transition pieces in HY1 2020)

100% for offshore wind (92% HY1 2020);
0% for offshore oil & gas (8% HY1 2020).
Key figures:
Contribution of € 57.7 million (HY 2020: € 45.7 million)

€ 53.7 million Monopiles & Transition pieces for offshore wind (HY 2020: € 40.6 million).
€ 4.0 million Marshalling, Oil & Gas and Other which includes KCI for € 1.8 million (HY 2020: € 5.1 million);
EBITDA of € 20.2 million (HY 2020: € 11.5 million);

Revenues of € 249.3 million (HY 2020: € 151.2 million);

Operating working capital stood at - € 56.9 million (HY 2020: - € 64.5 million);

No external debt excluding lease liabilities (HY 2020: nihil). Total cash position amounts to € 61.7 million (HY 2020: € 38.3 million);

Order book per 27 August 2021: 400 Kton for 2022 and beyond (300 Kton HY 2020)

270 Kton signed contracts
130 Kton exclusive negotiations

see & read more on
https://sif-group.com/en/investor-relations/sif-interim-2021-results/