France’s CGG returned to profit in the second quarter of the year as its revenues fell by 3%. CGG posted a net income of US $49.1m for Q2 2018, returning from a loss of $169.7m in Q2 2017. Net income attributable to the owners of CGG, after minority interests, was a gain of $47m. CGG’s net debt in Q2 2018 dipped to $715.9m from $2.497 Bn in Q2 2017.
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