Sif Holding NV. Stock Analysis SIFG.AS

Sif Holding NV engages in the large steel tubulars, which are used as foundation components for the offshore energy markets. The company is headquartered in Roermond, Limburg and currently employs 845 full-time employees. The company went IPO on 2016-05-12. The firm operates in two segments: the Offshore Wind segment focuses on manufacturing monopiles for offshore wind farms. Monopiles consist of a tubular structure, typically with conical, and are hammered into the seabed. The Oil and Gas segment specializes in the production of steel tubular parts for the offshore oil and gas industries, with focus on jackets and related structures. The firm focuses on the North Sea region and also manufactures parts for machines and civil engineering projects, such as tubulars used in the Maeslant storm surge barrier, tubular structures used in the London Eye, and foundations for jetties, which are mooring platforms for ships.