TGS-Nopec Geophysical Company ASA operates in the Surveying services sector.
In addition to historical fundamental analyses, the complete report available to purchase compares TGS-Nopec Geophysical Company ASA with three other
companies in this sector in Norway:
Petroleum Geo-Services ASA
sales of 6.91 billion Norwegian Kroner [US$844.26 million]
of which 36%
was Multi-Client Pre-Funding),
NRC Group ASA
(2.37 billion Norwegian Kroner [US$290.12 million]
(978.43 million Norwegian Kroner [US$119.62 million]
of which 46%
was Operating Segment - Africa/Mediterranean).
TGS-Nopec Geophysical Company ASA reported sales of NOK 4.05 billion (US$495.38 million)
December of 2017.
increase of 6.1%
versus 2016, when the company's sales were NOK 3.82 billion.
Despite this increase, sales are still
below the level achieved in 2015, when TGS-Nopec Geophysical Company ASA
reported sales of NOK 4.97 billion.
Sales of Africa Middle East and Asia/pacific saw an increase
that was more than double the company's growth rate: sales were up
68.0% in 2017, from
NOK 217.30 million to NOK 365.17 million.
TGS-Nopec Geophysical Company ASA also saw significant increases in sales in
Europe and Russia (up 41.6% to NOK 1.30 billion)
Not all segments of TGS-Nopec Geophysical Company ASA experienced an increase in sales in 2017:
sales of North and South America fell 11.7% to NOK 1.98 billion.
TGS-Nopec Geophysical Company ASA also experienced decreases in sales in
Other Segments/ Corporate Costs (down 7.8% to NOK 416.14 million)