• Net Multi-Client revenues in the quarter totaled MUSD 17.9 (2015: MUSD 14.6)

  • Net Multi-Client revenues were comprised of late sales of MUSD 5.5 (2015: MUSD 3.9), prefunding on Multi-Client investments of MUSD 9.2 (2015: MUSD 7.4) and other revenue of MUSD 3.1 (2015: MUSD 3.4).

  • EBIT for the quarter was MUSD (6.8) (2015: MUSD (4.3))

  • Multi-Client investments were MUSD 27.7 with 33.3% prefunding rate (2015: MUSD 13.2 with 56.1% prefunding)

  • Operational cash flow in Q1 was MUSD 44.0 (2015: MUSD 18.0)

This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

Spectrum ASA issued this content on 22 April 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 22 April 2016 05:23:57 UTC

Original Document: http://www.spectrumgeo.com/investors/investor-news/news-room/investor-news-story?ir=http://cws.huginonline.com/S/139450/PR/201604/2005762