CGG Reveals Year-End 2023 Results

Instant Max AI Immediate Frontier

(CGG, 6.Mar.2024) — CGG announced its fourth quarter of 2023 and full year 2023 audited results. 

“In 2023, CGG significantly strengthened its financal performance, I am pleased to see that we returned to positive organic cash flow generation, while continuing to invest in our new businesses,” CGG CEO Sophie Zurquiyah said.

“CGG today not only remains the clear leader in its core businesses, it also addresses the Energy Transition as well as the new technology-enabled markets of High-Performance Computing and Infrastructure Monitoring. After a good start in early 2024, we will continue to develop the company with a focus on further strengthening our core businesses, accelerating the growth of our New Businesses, and delivering our financial roadmap that prioritizes cash generation and balance sheet deleveraging,” Zurquiyah said.


Previous post Atlas Renewable Inks PPA with Codelco
Next post Frontera Reveals 4Q:23 and YE:23 Results