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Record fourth quarter helps TGS to reach annual guidance

ASKER, NORWAY (5 February 2015) - Following its update on 13 January, TGS now confirms net revenues of USD 298 million in Q4 2014, up 10% from USD 271 million in Q4 2013 and representing a record high for the Company.  TGS achieved its 2014 guided revenues with full year net revenues of USD 915 million, up 4% from USD 883 million in 2013. 4(th) QUARTER HIGHLIGHTS * Consolidated net revenues were USD 298 million, compared to USD 271 million in Q4 2013...
New York, (informazione.news - comunicati stampa - varie)

ASKER, NORWAY (5 February 2015) - Following its update on 13 January, TGS now confirms net revenues of USD 298 million in Q4 2014, up 10% from USD 271 million in Q4 2013 and representing a record high for the Company.  TGS achieved its 2014 guided revenues with full year net revenues of USD 915 million, up 4% from USD 883 million in 2013.

 

TGS' CEO Robert Hobbs stated.

To access TGS Q4 2014 results information click below:


Robert Hobbs (CEO) and Kristian Johansen (COO/CFO) will present the results at 08:30 CET at the Hotel Continental, Stortingsgata 24/26 in Oslo, Norway.  The presentation is open to the public. The presentation can be followed live on the internet at www.tgs.com .

The slides from the presentation will also be available in PDF format on the TGS website.


CEO Robert Hobbs and COO/CFO Kristian Johansen will host a conference call on 5 February 2015 at 15:00 CET (9:00 AM New York time).   Attendees may want to call 5-10 minutes before 15:00 CET (9:00 AM NY) to ensure registration and access. 

Participants will need to quote the following confirmation code when dialing into the conference:   6075215 .

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:


COO/CFO
Tel: +47 47 60 33 34
Email: kristian.johansen@tgs.com


Director Finance Western Hemisphere & Investor Relations
Tel: +1 713 860 2184
Email:  w ill.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/1891973/670079.pdf
http://hugin.info/86869/R/1891973/670077.pdf

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