CGG Veritas SA Confirms FY 2013 Revenue Guidance
CGG Veritas SA announced that it confirms its fiscal year 2013 objectives of 25% growth in revenue, an improvement of EBIT margin, generation of positive free cash flow and an increasing return on capital employed. The Company reported fiscal year 2012 revenue of USD 3.411 billion. According to I/B/E/S Estimates, analysts on average are expecting the Company to report fiscal year 2013 revenue of USD 4,320.40 million.
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