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Press Release

CGG Provides First Quarter 2020 Financial Update

Publish Location
Paris, France
Body

Positive Net Cash Flow of $25 million

Cash Liquidity at the end of March 2020 around $622 million

Group Segment Revenue Expected at $273 million

 

First quarter 2020 update:

CGG anticipates first quarter 2020 figures as follow:

Publish Date
Layout Canvas
    Group Communications & Investor Relations Contacts

    About CGG

    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).

    2017 First Quarter Results

    Publish Location
    Paris, France
    Body

    Year-on-year stable EBITDA in a traditionally low seasonal quarter

    • Revenue at $249m
      • GGR: resilient multi-client quarterly performance in traditional low season
      • Equipment: particularly low volumes<
    Publish Date
    Layout Canvas
      Group Communications & Investor Relations Contacts

      About CGG

      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).

      Restructuring Update

      Publish Location
      Paris, France
      Body

      On March 3, 2017, CGG S.A (“CGG” or the “Company”) entered into a financial restructuring process with the aim of significantly reducing debt levels and related cash interest costs to align them with its cash flows.

      Publish Date
      Layout Canvas
        Group Communications & Investor Relations Contacts

        About CGG

        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).