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Strong Improvement In CGGVeritas Third Quarter 2012 Results

Year to Date 2012 Financial Results

Group Revenue

Group Revenue was up 9% compared to the first nine months of 2011. Services revenue was up 6% and Sercel revenue up 12% compared to the first nine months of 2011.

In million $   YTD   Evolution
  2012   2011* In %
Group Revenue   2 473   2 276 9%
Sercel Revenue   916   816 12%
Services Revenue   1 764   1 657 6%
Eliminations   -208   -198 NA
Marine contract   734   732 0%
Land contract   372   309 21%
Processing   342   319 7%
Multi-client   317   298 6%
Marine MC   191   206 -7%
Land MC   126   92 37%

*Restated figures

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