Thread regarding CGG Veritas layoffs

Shareholders vote on the plan

When will we find out?

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| 2251 views | | 4 replies (last November 5, 2017) | Reply
Post ID: @OP+Q1vkG8i

4 replies (most recent on top)

One is for CGG SA, the other for the consolidated fin. Statements

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Post ID: @5srs+Q1vkG8i

Interesting: Publication of the Q3 2017 results will also occur on November 13th, 2017.

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Post ID: @znj+Q1vkG8i

http://www.lefigaro.fr/flash-eco/2017/10/31/97002-20171031FILWWW00195-cgg-le-vote-sur-le-plan-de-sauvetage-reporte.php

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Post ID: @xum+Q1vkG8i

I'm confused.....this from the agenda for the Oct 31st meeting.

First resolution – Unchanged resolution

the shareholders hereby approve the financial statements for fiscal year 2016 as they have

been presented in the said reports and which show a net loss of €(841,019,498.01), as well as all

transactions recorded in such financial statements and summarized in such reports.

Third Resolution

the shareholders approve the consolidated financial statements for 2016 as they have been

presented in such reports and which show a net loss of US$(576.6) million as well as all transactions

recorded in such financial statements and summarized in such reports.

Why such a huge difference between fiscal 2016 and 2016?

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Post ID: @dxd+Q1vkG8i

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