4Q loss?
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Multi-Client
Q4 2014 299 MUSD
Q4 2015 243 MUSD
Q4 2016 135 MUSD
Any estimate about 4Q loss?
Trading and Financial Strategy update
Paris, France - January 5, 2017
In a market that remains difficult, multi-client sales are estimated at circa $135 million in the fourth quarter of 2016, with a level of prefunding in line with target (a prefunding rate above 80% on an annual basis) but an after-sales volume below our expectations.
YTD Q1 Q2 Q3 Q4
Net Income (297) (130) (79) (88) ?
Fourth quarter highly dependent on seasonal Multi-Client activity and more specifically on the level of after-sales.