PGS : Q3 2021 EBITDA 15% below expectations
>Q3 2021 results < expectations, lackluster MC activity acting as a drag - The group posted sales of $ 131.7m (already reported). Q3 2021 EBITDA came in at $ 55.6m below the consensus expectations ($ 64m and down 37% y-o-y. This decline stemmed from the MC business, which was down (budgets still restricted at clients) whilst it is a business that continues to generate robust margins. The net loss totaled $ 60.7m vs a loss of $ 32.6m in Q3 2020.Over the quarter, F...Petroleum Geo-Services is engaged in providing geophysical services and oil and gas production services. As of Dec. 31, 2001, Co. operated six Ramform design vessels in its marine seismic data acquisition operations.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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