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Two officers kidnapped
BOURBON confirms that two of its officers, both of French nationality, attached to the Bourbon Apsara, were kidnapped following a land attack on Saturday 2nd August at about 9.30 p.m. local time, near the Nigeria oil industry hub of Port Harcourt in the Niger Delta.
Strong earnings in 1st Half 2008
Revenues up 16.9% (+31% at constant exchange rate)
Operating income stable at current exchange rate at €90.4 m
Net income (group share) down 21.2% at €78.2 m
"BOURBON performed extremely well in the first half of the year. The Offshore Division was up, the Bulk Division was highly profitable and the investment program proceeded as planned. Gross operating income (EBITDA) remains high on a comparable basis despite a 15% depreciation of the dollar. Overall, BOURBON posted an excellent return on capital employed of 17.3% (excluding installments on vessels under construction) which reflects the optimization of vessel acquisition prices.
" explained Jacques de Chateauvieux, Chairman and Chief Executive Officer of BOURBON.
more news...
- First half revenues surge 31% at constant exchange rates (16.9% at current exchange rates) to €433.6 million, in line with the Horizon 2012 plan
- The BOURBON Company for salvage and protection of the French coast changes its name ’Les Abeilles International’ becomes ’Les Abeilles’
- BOURBON has sold its interest in the Rigdon companies
- Combined Annual and Special Shareholders’ meeting of May 30, 2008
- BOURBON to sell its interest in the Rigdon companies
- Mach Invest SAS exceeds the 5% statutory shareholding threshold in BOURBON’s capital
- BOURBON Quarterly Financial Results
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