All figures are 'segment figures' used for management reporting (before non-recurring charges and IFRS 15), unless stated otherwise
CGG
Q1 2022 - FINANCIAL RESULTS
Disclaimer
This presentation contains forward-looking statements, including, without limitation, statements about CGG ("the Company") plans, strategies and prospects. These forward-looking statements are subject to risks and uncertainties that may change at any time, and, therefore, the Company's actual results may differ materially from those that were expected.
The Company based these forward-looking statements on its current assumptions, expectations and projections about future events. Although the Company believes that the expectations reflected in these forward-looking statements are reasonable, it is very difficult to predict the impact of known factors and it is impossible for us to anticipate all factors that could affect our proposed results. All forward-looking statements are based upon information available to the Company as of the date of this presentation.
Important factors that could cause actual results to differ materially from management's expectations are disclosed in the Company's periodic reports and registration statements filed with the AMF. Investors are cautioned not to place undue reliance on such forward-looking statements.
TAKING DATA FURTHER
Agenda
01 Q1 2022 overview
02 Operational review
03 Financial review
04 2022 Business outlook & Financial objectives
3
Q1 2022 Key segment financial highlights
Liquidity of $388 million, excluding $100 million undrawn RCF
• Strong Net Cash Flow of $68 million
• Seasonally soft SMO (ex-equipment) activity in Q1
• 2022 financial objectives confirmed
*Pro-forma indicators represent supplementary information adjusted for GeoSoftware and Physical Asset Storage and Services businesses sold in 2021
Q1 2022 Financial Results
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CGG SA published this content on 09 May 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 09 May 2022 13:51:05 UTC.