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CGG SA (GEPH.PA)

GEPH.PA on Paris Stock Exchange

1.43EUR
24 May 2019
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€-0.02 (-1.52%)
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Latest Key Developments (Source: Significant Developments)

CGG Q1 Net Result Turns To Loss Of 30.5 Million Dollars
Wednesday, 15 May 2019 

May 15 (Reuters) - CGG SA ::Q1 IFRS FIGURES: REVENUE AT $271M, OPINC AT $20M.Q1 SEGMENT REVENUE AT $282M, UP 21% YEAR-ON-YEAR.Q1 SEGMENT EBITDAS AT $119M, UP 40% YEAR-ON-YEAR WITH 42% MARGIN.Q1 SEGMENT OPERATING INCOME AT $11M, A 4% MARGIN.Q1 FREE CASH FLOW FROM OPERATIONS WAS $146 M.Q1 NET DEBT AT $704M BEFORE IFRS 16 AND $868M AFTER IFRS 16.CONFIRMS ITS 2019 GUIDANCE AND 2021 TARGETS.Q1 NET LOSS OF $(30)M, INCLUDING $(15)M LOSS FROM DISCONTINUED OPERATIONS.  Full Article

CGG: New Survey Supports Gabon's 12th Offshore Licensing Round
Monday, 21 Jan 2019 

Jan 21 (Reuters) - CGG SA ::REG-CGG: NEW SURVEY SUPPORTS GABON'S 12TH OFFSHORE LICENSING ROUND.IS EXTENDING ITS GABON MULTI-CLIENT DATA FOOTPRINT WITH A 9,800-KM LONG-OFFSET 2D SEISMIC SURVEY IN AN UNEXPLORED DEEPWATER AREA OF SOUTH BASIN.  Full Article

Fugro Announces Seabed Geosolutions Red Sea Contract Win
Monday, 22 Oct 2018 

Oct 22 (Reuters) - FUGRO NV ::SEABED GEOSOLUTIONS WINS SIGNIFICANT RED SEA OCEAN BOTTOM NODE CONTRACT.SURVEYS ARE SCHEDULED TO COMMENCE EARLY 2019.CONTRACT WILL BE JOINTLY EXECUTED AND SHARED WITH SEABED'S PARTNER IN MIDDLE EAST ARGAS, WHO IS CONTRACT HOLDER.  Full Article

CGG commenced acquisition of a high-density, rich-azimuth, towed-streamer multi-client survey in UK West Shetland basin
Monday, 17 Sep 2018 

Sept 17 (Reuters) - CGG SA ::REG-CGG: CONDUCTS INNOVATIVE RICH-AZIMUTH MULTI-CLIENT SURVEY NW OF SHETLAND.FINAL DATA WILL BE AVAILABLE IN MID-2019.COMMENCED ACQUISITION OF A HIGH-DENSITY, RICH-AZIMUTH, TOWED-STREAMER MULTI-CLIENT SURVEY IN UK WEST SHETLAND BASIN.FAST-TRACK PRESDM DATA SET WILL BE AVAILABLE IN Q1 2019.  Full Article

Reg-CGG Announces The Appointment Of Yuri Baidoukov As Group CFO
Thursday, 26 Jul 2018 

July 26 (Reuters) - CGG SA ::REG-CGG: ANNOUNCES THE APPOINTMENT OF YURI BAIDOUKOV AS GROUP CFO.APPOINTMENT OF YURI BAIDOUKOV AS GROUP CFO, EFFECTIVE SEPTEMBER 1, 2018.  Full Article

CGG Announces The Appointment Of Sophie Zurquiyah As Chief Executive Officer
Friday, 23 Mar 2018 

March 23 (Reuters) - CGG ::REG-CGG: ANNOUNCES THE APPOINTMENT OF SOPHIE ZURQUIYAH AS CHIEF EXECUTIVE OFFICER & THE COOPTATION OF TWO NEW BOARD MEMBERS.‍THIS NOMINATION SHOULD BE EFFECTIVE AT END OF ANNUAL GENERAL MEETING TO BE HELD ON APRIL 26, 2018​.  Full Article

CGG Q4 Net Loss Narrows To $74.9‍ Million
Friday, 9 Mar 2018 

March 9 (Reuters) - CGG ::Q4 GROUP EBITDAS $134.1 MILLION VERSUS $99.8 MILLION YEAR AGO.Q4 GROUP REVENUE $400.7 ‍​MILLION VERSUS $328.3 MILLION YEAR AGO.Q4 NET LOSS $74.9‍ MILLION VERSUS LOSS OF $279.8 MILLION YEAR AGO.FOR 2018 EXPECTS REVENUE UP AT AROUND $1.5 BILLION.Q4 NET DEBT $2.64 BILLION VERSUS EUR $2.31 BILLION YEAR AGO.FOR 2018 EXPECTS EBITDA MARGIN WITHIN 35 PERCENT TO 40 PERCENT RANGE.  Full Article

CGG Raises About 112.2 Million Euros In Rights Issue
Friday, 9 Feb 2018 

Feb 9 (Reuters) - CGG ::REG-CGG: SUCCESS OF THE RIGHTS ISSUE WITH PREFERENTIAL SUBSCRIPTION RIGHT.TOTAL DEMAND OF APPROXIMATELY EUR 132.5 MILLION, REPRESENTING APPROXIMATELY 118% OF OFFER AMOUNT..RIGHTS ISSUE WITH PREFERENTIAL SUBSCRIPTION RIGHT (PSR) OF APPROXIMATELY EUR 112.2 MILLION (INCLUDING SHARE PREMIUM).ISSUANCE OF 71,932,731 SHARES OF COMPANY EACH WITH ONE WARRANT ATTACHED.A SUBSCRIPTION PRICE OF EUR 1.56 PER ABSA (I.E. EUR 0.01 PAR VALUE AND EUR 1.55 SHARE PREMIUM)..  Full Article

CGG Announces Delisting Of Senior Notes
Friday, 9 Feb 2018 

Feb 9 (Reuters) - CGG ::REG-CGG: ANNOUNCES DELISTING OF THE SENIOR NOTES FROM THE EURO MTF MARKET IN LUXEMBOURG ON FEBRUARY 21, 2018.‍SENIOR NOTES WILL BE DELISTED FROM OFFICIAL LIST OF LUXEMBOURG STOCK EXCHANGE​.‍SENIOR NOTES WILL BE WITHDRAWN FROM TRADING ON EURO MTF MARKET OF LUXEMBOURG STOCK EXCHANGE​.‍DELISTING OF SENIOR NOTES WILL BE EFFECTIVE ON FEBRUARY 21, 2018​.‍"SENIOR NOTES" MEANS CGG'S 6.500% SENIOR NOTES DUE 2021​.‍"SENIOR NOTES" MEANS CGG'S 5.875% SENIOR NOTES DUE 2020 AND 6.875% SENIOR NOTES DUE 2022​.  Full Article

CGG Launches Capital Increase For About EUR 112.2 Million
Wednesday, 17 Jan 2018 

Jan 17 (Reuters) - CGG ::REG-CGG: LAUNCHES ITS SHARE CAPITAL INCREASE WITH PREFERENTIAL SUBSCRIPTION RIGHTS FOR AN AMOUNT OF APPROXIMATELY €112.2 MILLION THROUGH THE ISSUANCE OF NEW SHARES, EACH WITH ONE WARRANT ATTACHED.SUBSCRIPTION PRICE: EUR 1.56 PER NEW SHARE, EACH WITH ONE WARRANT ATTACHED.‍SUBSCRIPTION PERIOD: FROM JANUARY 22, 2018 TO FEBRUARY 2, 2018 INCLUSIVE​.‍TRANSACTION IS PART OF CGG'S FINANCIAL RESTRUCTURING PLAN​.TRADING PERIOD FOR RIGHTS: FROM JAN 18, 2018 TO JAN 31, 2018 INCLUSIVE.‍TRANSACTION IS BACKSTOPPED BY DNCA (IN CASH) FOR UP TO APPROXIMATELY EUR 71.39 MILLION​.‍TRANSACTION IS BACKSTOPPED BY SENIOR NOTE HOLDERS FOR REMAINING UNSUBSCRIBED PORTION​.‍SUBSCRIPTION RATIO: 13 ABSAS FOR 4 RIGHTS​.  Full Article