Higher revenue did not save Subsea 7 from a loss on the bottom line
![Photo: PR/Subsea 7](https://photos.watchmedier.dk/watchmedier/resize:fill:3840:0:0/plain/https://photos.watchmedier.dk/Images/article13159723.ece/ALTERNATES/schema-16_9/doc7guk5iz2k3a68ich23k.jpg)
Offshore company Subsea 7 closed the second quarter with a revenue of USD 1.2 billion against a revenue of USD 754 million last year. However, the 59-percent revenue increase was not enough to save Subsea 7 from going into red numbers on the bottom line.
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