CGG CGG

CGG: 2023 Interim Financial Report available

CGG: 2023 Interim Financial Report available

CGG

Société Anonyme with a share capital of 7,136,762

Registered office: 27 avenue Carnot, 91300 Massy

No.: 969 202 241 – RCS Evry

2023 Interim Financial Report available

Massy, FranceJuly 27, 2023

CGG announced that its interim financial report as at June 30, 2023 was filed today with the Autorité des Marchés Financiers (AMF).

This document is available on the Company’s website () under the Investors section (both in “Regulated information” and “Financial information”).

About CGG

CGG () is a global technology and HPC leader that provides data, products, services and solutions in Earth science, data science, sensing and monitoring. Our unique portfolio supports our clients in efficiently and responsibly solving complex digital, energy transition, natural resource, environmental, and infrastructure challenges for a more sustainable future. CGG employs around 3,400 people worldwide and is listed on the Euronext Paris SA (ISIN: 0013181864).

Contacts

Group Communications and Investor Relations

Christophe Barnini

Tel: 11

E-Mail:



 
 

Attachment



EN
27/07/2023

Underlying

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Reports on CGG

Baptiste Lebacq
  • Baptiste Lebacq

Viridien : Vers un momemtum moins soutenu du côté de SMO

>Opinion Surperformance et OC ajusté à 80 € - Post publication et contact société, nous ajustons en baisse nos attentes d’EBITDA 2024/26 de 6% en moyenne. L’activité SMO devrait continuer de pénaliser la formation des résultats du groupe d’où l’annonce de mesures d’ajustements structurelles par le groupe dans cette branche (réduction des capacités sur Houston, fermeture de Singapour et annonce d’une réduction de 150 postes en France). Nous réitérons notre recommandati...

Baptiste Lebacq
  • Baptiste Lebacq

Viridien : Towards less favourable momentum in SMO

>Outperform recommendation and target price adjusted to € 80 - Post-publication and company contact, we have adjusted down our EBITDA forecast for 2024-2026 by 6% on average. The SMO activity continued to penalise the formation of group’s results hence the announcement of structural adjustment measures at this activity (reduction of capacity in Houston, closure of Singapore and announcement of 150 jobs losses in France). We reiterate our Outperform recommendation and...

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