Viridien · EURONEXT:VIRI
Viridien — CGG — Investor Presentation (January 2024)
12 slides from Viridien's investor presentation, January 2024
Slide 1: CGG - A Global Technology and HPC Leader
CGG - A GLOBAL TECHNOLOGY AND HPC LEADER JANUARY 2024 cgg.com
Slide 2: A growing scope of businesses
A growing scope of businesses CORE BUSINESSES BEYOND THE CORE Geoscience Digital Sciences Established leader in subsurface imaging, Data transformation, data science, AI, machine geology and geoscience services. learning, CGG Cloud services and HPC expertise. Earth Data Energy Transition The industr
Slide 3: 2023 key segment estimated figures
2023 key segment estimated figures REVENUE EBITDAs NET CASH FLOW LIQUIDITY $1,12 million ~$400 million ~$30 million ~$415 million liquidity 2023 (e) up 21% y-o-y including ~$(45) million including ~$(65) million compensation to to Shearwater including ~$325 million Shearwater cash balance Net debt b
Slide 4: Geoscience: solid activity worldwide and technology differentiation supports high single digit growth
Geoscience: solid activity worldwide and technology differentiation supports high single digit growth MARKET SHARE 2022 GEO EXTERNAL REVENUE ($m) C5 4% C4 5% C3 1% Competitor 1 +18% C2 4% 334 269 284 Rest of market… CGG 46% Legacy Model 2021 2022 2023 e Highly differentiated in complex environments.
Slide 5: Earth Data: High prefunding of new programs while after-sales remain weak
Earth Data: High prefunding of new programs while after-sales remain weak EDA REVENUE ($m) Prefunding After-sales 375 -11% N. Sea 334 292k km2 276 239 142 126 GOM 406k km2 150 191 Africa 136 72k km2 Brazil 370k km2 Australia 2021 2022 e 2023 57k km2 KEY 2023 ESTIMATED FIGURES 2023 main projects ~103
Slide 6: Sensing & Monitoring: growth cycle driven by the lumpiness of mega-crew projects
Sensing & Monitoring: growth cycle driven by the lumpiness of mega-crew projects SMO SALES ($m) NON-SEISMIC ACTIVITIES Land Marine Others 453 74 1st 1956 357 +68% NON-SEISMIC ACTIVITIES A historical leader 33 A global leader in & pioneer in the 269 212 Structural Monitoring seismic equipment industr
Slide 7: HPC & Cloud Solutions
HPC & Cloud Solutions HPC (High-Performance Computing) UK ▪ Providing access to highly-optimized HPC resources and digital platform ▪ Opening of the new UK HPC center ▪ First HPC contract with Biosimulytics, expanding into Health and Life Science market HOUSTON 500 Computer power (PFLOPS) Cloud Serv
Slide 8: Zoom on Low Carbon Energy
Zoom on Low Carbon Energy Applying our expertise for the energy transition ▪ Carbon Storage: applying a unique play-scale screening methodology to identify and de-risk carbon storage potential in the GoM, North- Sea and Australia Carbon Storage screening study Gulf of Mexico ▪ Minerals & Mining : In
Slide 9: Zoom on Structural Health Monitoring
Zoom on Structural Health Monitoring Market ▪ Infrastructure monitoring is based on measurement and analysis of the dynamic behavior of the structure, ▪ Allows to deduce by processing the dynamic characteristics of the structures. Geocomp ▪ Specialized in high value-added services and products for g
Slide 10: Our core market, Exploration and Production is moderately growing
Our core market, Exploration and Production is moderately growing E&P CAPEX ($ Billion) ▪ Focus on proven basins and ILX: low CAGR 800 618 2023-26 risk/cost/carbon, fast turnaround 518 600 470 400 365 Prod ▪ Offshore greenfield projects picking up 200 6% ▪ Middle-East on a race to produce 0 Explo 20
Slide 11: Thank You
THANK YOU cgg.com
Slide 12: Balance Sheet
Balance Sheet At the end of September 2023 12 January 2024