Revenue climbed at both its turnkey and lease and operating divisions, by 46.0% and 10.3% respectively to $765m and $236m.
Bruno Chabas, ceo of SBM Offshore said, "Our on-going projects are on track, as is turnover and we continue to pursue new prospects to take full advantage of the opportunities within the industry, while at the same time continuing our transformation activities."
The group's orderbook increased by 49% to $21bn, spurred by $7.6bn of letters of intent from Petrobras. Debt at the company stood at $2.3bn on 31 March 2013, up from $1.8bn 31 December 2012.
The $470m negative impact of the termination of the Yme MOPUstor project with Talisman Energy Norge was limited by a $200m provision being set aside in 2012, leaving the $270m remainder charged to the group's 2013 results.
The investigation into potentially improper sales practices at the group continues, the company was unable to make any further comment.
SBM Offshore continues to predict an 8% growth in revenue to $4bn for 2013.
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