Where do you see CGG in 5 years time?
6 replies (most recent on top)
what about pay rises
no doubt still paying the ladies 20% less than the gents. LOL
In five years cgg will be a corporation that has expanded within the limits of environmental, energy transition, and infrastructure businesses, which it considers growth opportunities. It will have funded growth using its legacy businesses as dying cash cows until selling those at a salvage value. The value of its transactions will be smaller, and with far less total annual turnover than historical. It will have bet the farm on a continuing appetite for replacing fossil fuels with renewable energy. Still not a bad approach given the state of the seismic business.
Not likely
They still have a huge debt and they need the beyond the core activities to save the company.
- No (Does CGG really have a future?)
- Sercel only still alive (Where do you see CGG in 5 years time?)