Bristow Group

Bristow maintained its 2026 guidance of $295–$325m adjusted EBITDA and $1.6–$1.7bn revenue after sequential Q2 improvement. The company completed the acquisition of Berry Aviation, which management expects to be immediately accretive to earnings and free cash flow and to expand government-services capabilities globally. Bristow raised offshore energy adjusted operating income guidance to $235–$245m on stronger rates and activity, while government-services margins are pressured by aircraft delivery delays, transition costs and supply-chain constraints. Management is pursuing a sale of its Norway offshore unit, reported $312m unrestricted cash and declared a $0.125 quarterly dividend. » Más en finance.yahoo.com

Bristow Group slightly beat revenue expectations in Q2 with USD 411.8m, but missed adjusted earnings per share at USD 0.44 versus an estimated USD 1.01. Management affirmed the full-year outlook for adjusted EBITDA of USD 295–325m and highlighted a marked improvement in operating cash flow to USD 41.4m. The acquisition of Berry Aviation is expected to boost near-term earnings and free cash flow, while supply-chain delays, transition costs on government contracts and higher jet fuel prices are weighing on margins. The stock fell about 6.8% after the announcement; however, the company remains profitable and maintains a solid liquidity position. » Más en de.investing.com

Bristow Group has declared a quarterly cash dividend of $0.125 per common share. The payment date is August 28, 2026; the record date is August 14, 2026. The company intends to continue paying regular quarterly dividends in the future, subject to the board’s annual review and approval. Bristow provides aviation services worldwide to government agencies, offshore energy companies and other customers. » Más en de.investing.com