abce certificate
Tuesday, 02 December, 2008, 02:20 GMT | more >>

Bourbon nets 90% profits boost



By Upstream staff 

French offshore services player Bourbon saw its net profit soar by 90.2% to €99.3 million ($135.1 million) in the first half of the year on the back of strong demand.

In the same period last year, net profit came in at €52.2 million.

Earnings before interest, tax, depreciation and amortisation increased by 40.2% to €137.9 million from €98.4 million as sales rose 29.7% to €371 million from €286.1 million.

Cash flow rose by 25.7% to €120 million from €95.5 million.


Thursday, 30 August, 2007, 08:36 GMT  | last updated: Thursday, 30 August, 2007, 08:38 GMT

e-mail this article to a colleague


to email:  from:
comments: