PARIS, France – November 6, 2019 – CGG (ISIN: FR0013181864 – NYSE: CGG), world leader in Geoscience, announced today its 2019 third quarter unaudited results. Commenting on these results, Sophie Zurquiyah, CGG CEO, said:“During 2019, while delivering a strong financial performance, we achieved several key milestones on our strategic path to becoming a People, Data, Technology company. For 2020, we plan to grow our investments to further increase our technology differentiation and build the foundation for our future sustainable growth, however we will adapt our plans to market conditions. Moving forward, we expect to continue generating significant cash. I am confident that with our new technology-driven business model, we are on track to achieving our 2021 strategic and financial targets."
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Our aim is to build a rebalanced geoscience group that is firmly anchored in its unique and high-tech positions in Equipment, Imaging-Reservoir and high-end Data Acquisition.
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