Bourbon, International leader in marine services for modern offshore

First half 2009 results

Strong first half 2009 results boosted by growth in Offshore

Paris, August 26th 2009

EBITDA up 27.9%
Net income, group share of €82.3 million

Jacques de Chateauvieux, Chairman and Chief Executive of BOURBON, said: "BOURBON’s good results are a positive step along the road outlined in the strategic plan Horizon 2012. They show the beneficial effect of medium and long-term shipping contracts, which smooth out the consequences of market fluctuations. Our strategy, which is to invest in a fleet of modern offshore vessels to bring down customers’ costs, results in a high utilization rate during periods of generally reduced demand."