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Press Release

Agreement to Sell Multi-Physics Business

Publish Location
Paris, France
Body

CGG announced today that it has entered into a binding agreement with NEOS for the sale of the Multi-Physics Business Line encompassing gravity, magnetic, electromagnetic and radiometric surveys with advanced range of airborne fixed-wing and helicopter systems and the General Geophysics Italy bus

Publish Date

CGG Announces its 2020 First Quarter Results

Publish Location
Paris, France
Body

Solid First Quarter

Adjusting to an Unprecedented Crisis

 

CGG (ISIN: FR0013181864), a world leader in Geoscience, announced today its 2020 First Quarter unaudited results.

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).

    2016 First Quarter Results

    Publish Location
    Paris, France
    Body

    Quarterly results strongly impacted by very low volumes

    • Revenue down to $313m due to change in perimeter and depressed market conditions
    • GGR: after a strong Q4, very low level of multi-client after-sales, weighing on operating margin
    • Equipment: sales and margi
    Publish Date