The Company has set the date to carry out the reverse stock split that the combined general shareholders’ meeting approved on 27 May 2016.
2019 Solid Net Cash Flow of $185 million
2019 Year-End Net Debt around $584 million
Fourth quarter 2019 revenue update:
CGG anticipates Q4 2019 segment Group revenue at $393 million.
CGG (www.cgg.com) is a global geoscience technology leader. Employing around 3,700 people worldwide, CGG provides a comprehensive range of data, products, services and solutions that support our clients to more efficiently and responsibly solve complex natural resource, environmental and infrastructure challenges. CGG is listed on the Euronext Paris SA (ISIN: 0013181864).
CGG announced today that it has completed exit from marine acquisition business.
CGG (www.cgg.com) is a global geoscience technology leader. Employing around 3,700 people worldwide, CGG provides a comprehensive range of data, products, services and solutions that support our clients to more efficiently and responsibly solve complex natural resource, environmental and infrastructure challenges. CGG is listed on the Euronext Paris SA (ISIN: 0013181864).