CGGYY - CGG (CGGYY) Q4 2023 Earnings Call Transcript
2024-03-06 13:49:04 ET
CGG (CGGYY)
Q4 2023 Earnings Conference Call
March 06, 2024 12:00 PM ET
Company Participants
Christophe Barnini - Senior Vice President, Group Communications & Investor Relations
Sophie Zurquiyah - Chief Executive Officer
Jerome Serve - Group Chief Financial Officer
Conference Call Participants
Jean-Luc Romain - CIC Market Solutions
Guillaume Delaby - Societe Generale
Baptiste Lebacq - ODDO
Alex McBride - Bank of America
Presentation
Operator
Good day, and thank you for standing by. Welcome to the CGG Full Year 2023 Financial Results Conference Call and Webcast. At this time, all participants are in a listen-only mode presentation. After the speakers' presentation, there will be a question-and-answer session. [Operator Instructions] Please be advised that today's conference is being recorded.
I would now like to hand the conference over to CGG. Please go ahead.
Christophe Barnini
Thank you. Good morning and good afternoon, ladies and gentlemen. Welcome to this presentation of CGG's fourth quarter and full year 2023 results. The call today is hosted from Paris where Mrs. Sophie Zurquiyah, our Chief Executive Officer; and Mr. Jerome Serve, our Group CFO, will provide an overview of the quarter and the full year results as well as provide comments on our 2024, 2026 environment and market trends as well our financial trajectory.
Just let me remind you that some of the information contains forward-looking statements, subject to risks and uncertainty and that may change at any time and therefore the actual results may differ materially from those that were expected. Following this presentation, we will be pleased to take your questions.
And now I will turn the call over to Sophie.
Sophie Zurquiyah
Thank you, Christophe. Good morning and good afternoon, ladies and gentlemen. And thank you for participating in this Q4 2023 and full year conference call.
On this call today, we will review our Q4 and full year 2023 operational and financial performance. We are also taking this opportunity to provide further insights and share with you our view on the 2024, 2026 market environment, the business outlook and perspective of our core and new businesses and an overview of our expected financial road map.
Moving on to slide 4. Today, CGG is a clear leader in our core businesses of Geoscience, Earth Data and Sensing & Monitoring thanks to our expertise and our advanced technology. We have also successfully expanded the scope of our business to address energy transition, mainly through CCUS and Minerals & Mining offerings, which are natural step-up extensions of our core Products & Services. And beyond Oil & Gas, we are developing two new businesses: high-performance computing and digital solutions, leveraging our Geoscience technology and capabilities and infrastructure monitoring, which leverages our Sensing & Monitoring equipment and solutions....
CGG (CGGYY) Q4 2023 Earnings Call Transcript