Thalassa Holdings Limited 2015 revenue update and revenue outlook (1271I)
07 Dezembro 2015 - 5:01AM
UK Regulatory
TIDMTHAL
RNS Number : 1271I
Thalassa Holdings Limited
07 December 2015
7 December 2015
Thalassa Holdings Ltd
(Reuters: THAL.L, Bloomberg: THAL:LN)
("Thalassa" or "the Company")
2015 revenue update and revenue outlook for 2016 and 2017
Further to the Company's announcement earlier today, the Board
is providing the market with guidance as to Thalassa's current
estimated revenue for 2015 and minimum estimated revenues for 2016
and 2017.
As revenues under Thalassa's seismic services contracts are
based on numerous variables the impact of which cannot be
determined today, such as the scope of work to be performed, the
Board would expect revenues from the group's two seismic services
agreements currently in place to be between US$7.5 million and
US$10.0 million in 2016 and between US$10.0 million and US$12.0
million in 2017. This does not take into account any revenues which
might be earned from High Resolution 3-D and from multi-client data
sales which are estimated to amount in aggregate to US$9.3 million
of total estimated revenues of US$18.5 million in 2015. The Board
would not anticipate any High Resolution 3-D contract awards until
Spring 2016.
Investor Enquiries:
Thalassa Holdings Ltd
Duncan Soukup, Chairman +33 (0)6 78 63 26 89
WH Ireland Limited (Nominated Adviser and Broker)
Chris Fielding, Head of Corporate Finance +44 (0)207 220 1650
Press Enquiries:
Square1 Consulting (Public Relations)
David Bick/Brian Alexander +44 (0)207 929 5599
www.thalassaholdingsltd.com
Note to Editors:
Thalassa Holdings Ltd, incorporated and registered in the BVI
and quoted on AIM, is a holding company with subsidiaries in the
Energy Services and Defence and Homeland Security Industries, with
a focus on marine seismic operations.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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December 07, 2015 02:01 ET (07:01 GMT)
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