Wednesday, May 9, 2007

CGGVeritas Q1 profits rise, ups synergies target

(Reuters) - The world's biggest listed provider of seismic surveys, which are used to make detailed maps of potentially oil-bearing deposits, generated an operating profit of $188.3 million in the three months to March 31.

Revenues came in at $777.3 million, up from $639.4, and net profit for the quarter was $90.5 million, up 186.4 percent year on year, CGGVeritas said.


Read more at Reuters.com Market News

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