Press releases

Changes in BOURBON Corporation's governance

BOURBON 2017 Annual Results

Results that reflect a third year of cyclical downturn and a sharp increase in free cash flow
• Free cash flow rose to €127.8 million, up from €64.7 million in 2016
• Net income, group share stood at -€576.3 million, including €277 million in provisions for asset impairment and non-recurring expenses, €167.2...

BOURBON accelerates its transformation to be ready for the announced recovery

BOURBON presents its new strategic action plan #BOURBONINMOTION.
BOURBON accelerates its transformation to be ready for the announced recovery.

BOURBON Annual & 4th Quarter 2017 Revenues

2017 adjusted revenue totaled €860.6 million (consolidated revenue €793.6 million), down 21.9% from 2016 (-21.3% at constant rates), reflecting a market that remained challenging.
Activity stabilized in the 4^th quarter with adjusted revenue of €196.9 million, compared with €204.3 million in the previous quarter.

Digitalization of BOURBON’s vessel operations: Strategic partnership with Bureau Veritas

BOURBON Financial information Q3 and 9 months 2017

Please note: Revenue in the title of the release should be read adjusted revenue.

Adjusted revenue for the 3^rd quarter was down 12.7% (-9.2% at constant rates) compared to the 2^nd quarter of 2017, still impacted by sluggish activity and strong pressure on rates, despite a few positive signs

BOURBON’s Executive team evolution

BOURBON 1st Half 2017 results

Performance still largely impacted by a continuously challenging Offshore oil and gas services market

Sustainable reorganization of the major part of the financial debt

Development of tomorrow’s energy: BOURBON completes the mooring installation of the first floating wind turbine in France