| Business Summary | | Compagnie
Generale
de
Geophysics
is
an
integrated
international
provider
of
geophysical
services
and
software
products
and
a
manufacturer
of
geophysical
equipment.
The
Company's
principal
clients
are
oil
and
gas
companies
that
use
seismic
imaging
to
aid
in
exploration
and
development
of
reserves.
In
1999,
the
Company's
operations
were
organized
into
two
main
segments,
Services
(geophysical
services)
and
Products
(software
and
equipment).
Services
and
Products
respectively
accounted
for
81%
and
19%
of
operating
revenues
in
1999.
Revenues
are
generated
on
a
worldwide
basis.
Of
1999
operating
revenues,
33%
were
from
the
Americas,
23%
from
Asia-Pacific,
18%
from
Europe
and
the
Commonwealth
Independent
States
and
26%
from
Africa. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Compagnie
Generale
de
Geophysique
is
engaged
in
providing
seismic
imaging
for
the
oil
industry.
GGY
also
produces
geophysical
software
and
exploration
equipment.
For
the
fiscal
year
ended
12/31/00,
operating
revenues
rose
37%
to
FF4.56
billion.
Net
loss
decreased
82%
to
FF78.4
million.
Revenues
reflect
increased
seismic
equipment
and
multi-client
data
sales.
Lower
loss
reflects
higher
other
income
due
to
the
partial
sales
of
businesses
and
increased
gross
margins. | More
from
Market Guide: Significant
Developments |
| Officers | |
| Position | Robert Brunck, 51 | Chairman
and CEO | Michel Ponthus, 54 | Sr.
Exec. VP, Fin. and Admin. and Group CFO | Jean-Francois Arzel, 49 | Exec.
VP - Data Processing and Reservoir SBU | Gerard Chambovet, 48 | Sr.
Exec. VP, Services | Gerry Harrison, 47 | Exec.
VP, Offshore SBU |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|