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TGS announces Q3 2025 results
Globenewswire· 2025-10-23 05:00
OSLO, Norway (23 October 2025) - TGS today reports interim financial results for Q3 2025. Financial highlights: Recovery after weak second quarter - Q3 revenues of USD 388 million, a 26% sequential growthSolid multi-client performance with sales-to-investment of 1.9x year-to-dateOrder inflow of USD 436 million during Q3 2025 – total order backlog of USD 473 millionStrong cash flow reducing net debt to USD 432 million, compared to USD 479 million at the end of Q2 2025Solid balance sheet allows for stable div ...