Operating Income 148.2€ million(+13.6%)
Operating margin 19.3%(21.6%)
EPS 0.86€
Balance sheet
Assets
Current 1,728.4€ million
Total 5,634.2€ million(including 2,055.1 million of goodwill)
Liabilities
Current 1,003.2€ million
Total 2635.6€ million
Equity 2,960.1€ mllion
Outlook
"We currently expect that E&P spending will be reduced by around 10 to 15% in 2009. Outlook for seismic can be characterized by a softer market with low visibility especially in the second half. We are well prepared to manage these constraints by reducing our cost structure and adjusting our marine capacity.
Current global economic conditions should not lead us to underestimate underlying oil and gas fundamentals, which support the worldwide longer term need to increase reserve replacement rates and the efficiency of reservoir management. In 2009, while addressing carefully the short term uncertainties, we will preserve the ability to develop long term opportunities through technology leadership, the quality of our products and services and the value of the expertise of our personnel."
Q4-report
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