Highlights Q1 2011
· Q1 2011 revenues, EBITDA and EBIT of $242.2 million, $72.9 million and $2.5 million respectively
· Q1 2011 Marine Contract EBIT margin of 12%
· Order book of $606 million, up 48% from Q1 2010
· GeoStreamer® momentum continues
· Q1 2011 impacted by reduced MultiClient data licensing activity
· Q1 2011 Marine Contract EBIT margin of 12%
· Order book of $606 million, up 48% from Q1 2010
· GeoStreamer® momentum continues
· Q1 2011 impacted by reduced MultiClient data licensing activity
Attached please find the report and presentation material of PGS' First Quarter 2011 Results
This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.
