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“Financial performance in 2007 was very satisfactory,
” declares Jacques de Chateauvieux, Chairman and Chief Executive Officer of BOURBON. “2007 was a pivotal year for the group − and the success of the 2003-2007 plan confirms the value of our strategy and our capacity to achieve the ambitious targets we have set ourselves. It also saw the launch of the Horizon 2012 plan that we are embarking on with confidence thanks to the investments already made and the faith shown in us by our clients.
”
| In millions of euros | End of Dec. 2007 | End of Dec. 2006 Proforma* | Change |
|---|---|---|---|
| Revenues | 769.7 | 608.6 | +26.5% |
| Gross operating income (EBITDA) | 309.7 | 244.9 | +26.4% |
| Operating income (EBIT) | 214.2 | 158.9 | +34.8% |
| Net gains from assets disposals & income from assets held for sale | 232.8 | 29.9 | ns |
| Net income | 403.8 | 164.9 | +144.8% |
| Net income. group share | 390.8 | 152.9 | +155.6% |
* proforma: port towage activity reclassified as held for sale, with the integration in the Offshore Division of French coastal protection (assistance and salvage tugs)
Audio record of the conference call by Jacques de Chateauvieux, Chief Executive Officer (CEO) of BOURBON, 34:00 Download the mp3 file