Varie
TGS announces Q3 revenues of USD 169 million
ASKER, NORWAY (23 October 2015) - TGS reports net revenues of USD 169 million in Q3 2015, compared to USD 190 million in Q3 2014. Earnings before interest and taxes (EBIT) totaled USD 46 million, corresponding to an EBIT margin of 27%. Cash flow from operations was USD 121 million, resulting in an increased cash balance of USD 191 million at the end of the Quarter. A Q3 backlog of USD 182 million was reported.
To access TGS Q3 2015 results information, click on the links below or go to the Company website at www.tgs.com :
TGS Q3 2015 Earnings Release
TGS Q3 2015 Presentation Slides
TGS Q3 2015 Webcast
CEO Robert Hobbs and CFO Sven Børre Larsen will host a conference call on 23 October 2015 at 16:00 CET (10:00 AM New York time). Attendees may want to call 5-10 minutes before 16:00 CET (10:00 AM NY) to ensure registration and access.
Participants will need to quote the following confirmation code when dialing into the conference:
A Q&A session will follow a short introduction, based upon the presentation issued in the morning. To pose a question, please press *1.
A replay of the conference call will be available shortly after. To access replay of the TGS conference call,
A replay of the conference call will also be available at www.tgs.com.
www.tgs.com
For additional information about this press release please contact:
Chief Financial Officer
Tel: +47 90 94 36 73
Email: sven.larsen@tgs.com
Director Finance Western Hemisphere & Investor Relations
Tel: +1 713 860 2184
Email : will.ashby@tgs.com
This information is subject of the disclosure requirements acc. to §5-12 vphl (Norwegian Securities Trading Act)
Copyright GlobeNewswire
Attachment(s)
http://hugin.info/86869/R/1961041/714997.pdf
http://hugin.info/86869/R/1961041/714998.pdf
Regulatory News
This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: %s via Globenewswire