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CGG: CGG Announces its Q1 2021 Results

Press release content from Globe Newswire. The AP news staff was not involved in its creation.
CGG: CGG Announces its Q1 2021 Results
CGGMay 12, 2021 GMT
Positive Net Cash Flow and Successful Refinancing
Seasonal Soft Quarter with Solid Equipment Performance
2021 Financial Objectives Confirmed
PARIS, France –
May 12, 2021 – CGG (ISIN: FR0013181864), a world leader in Geoscience, announced today its first quarter 2021 non-audited results.
Commenting on these results, Sophie Zurquiyah, CGG CEO, said:
“
With our successful refinancing we delivered the last milestone in our CGG 2021 strategy while normalizing our capital structure. We are now actively developing our new ambitions, focusing on growing our core highly differentiated businesses as the market gradually strengthens, and accelerating our growth beyond the core into sectors, including digitalization, observation & monitoring, and energy transition. ....

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EVS Broadcast Equipment reports 2020 results

EVS Broadcast Equipment reports 2020 results
Regulated information - Press release annual results
EVS Broadcast Equipment S.A.: Euronext Brussels (EVS.BR), Bloomberg (EVS BB), Reuters (EVSB.BR)
EVS reports 2020 results
Delivering profitability despite the impact of the pandemic, prepared to grow revenues and emerge stronger in 2021 thanks to a strong order book
FY20 performance
Operating expense increasing only 1.9% YoY despite the Axon acquisition on May 1
st 2020
Net profit of EUR 7.2 million (-63.4% compared to FY19 mainly due to lower revenue levels)
Order intake 2020: -3% YoY (excl Big Event Rentals and including Axon), supported by a strong order intake in 4Q 2020. ....

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